Which of the following is not included in Nation A's financial account?
a. Nation A's purchases of shares in foreign countries.
b. Foreign deposits of funds in savings accounts in Nation A.
c. Foreign companies' repatriated profits on their operations in Nation A.
d. Foreign purchases of Nation A's Treasury bills.
e. None of the above.
.C
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Monopolistic competition differs from oligopoly in that in monopolistic competition firms act independently while in oligopoly firms act interdependently
Indicate whether the statement is true or false
A consumer's demand curve for apples
a. is derived by varying the price of apples and determining the quantities of apples at which the marginal utility per dollar spent on apples equals the marginal utility per dollar spent on other goods b. is derived by determining how many apples will be purchased at different levels of income c. is derived by varying the prices of other goods and determining the quantities of apples at which the marginal utilities per dollar spent on all goods are equal d. slopes downward whenever the income and substitution effects cancel out e. will be vertical if the substitution effect outweighs the income effect