During which years, if any, did the country have a balanced budget?

A) 2008 and 2009
B) 2012 only
C) 2011 only
D) 2010 and 2012
E) all except 2011

C

Economics

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Foreign exchange swaps involve:

A) selling one currency on the spot market and at the same time purchasing a forward B) trading goods rather than money to improve efficiency C) delaying payment of a spot contract until the currency is actually delivered D) none of the above

Economics

Suppose the price of leather used to produce shoes increases. The higher price of leather ________ the supply of shoes, and the supply curve of shoes ________

A) does not change; does not shift B) decreases; shifts rightward C) increases; shifts rightward D) increases; shifts leftward E) decreases; shifts leftward

Economics