A financial account surplus necessarily implies
A) a balance of payments surplus.
B) a current account surplus.
C) a current account deficit.
D) an increase in the nation's official reserve assets.
C
Economics
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Refer to Figure 28-9. A(n) ________ would be depicted as a movement from A to D to C
A) supply shock, such as rising oil prices, B) implementation of contractionary monetary policy C) increase in short-run aggregate supply D) increase in aggregate demand
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In a long-run equilibrium in a perfectly competitive market, the average firm earns positive economic profits
a. True b. False Indicate whether the statement is true or false
Economics