The primary source of purchasing power used to buy imported goods is the
a. revenue received from exports.
b. monetary sector.
c. balance of payments deficit.
d. domestic currency of a nation.
A
Economics
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An economic system in which the government decides what, how, and for whom to produce, directs workers to jobs, and owns all the land and capital is
A) centrally planned socialism. B) market capitalism. C) mixed economy. D) supported by economists as the best system available.
Economics
What does it mean for the government to "roll over" its debt?
a. Buying bonds from the public to pay off old bonds b. Continuing to pay interest on old bonds c. Issuing new bonds to pay off old bonds d. Running a budget surplus to pay off old bonds e. Printing money to pay off old bonds
Economics