What would be the statistical discrepancy for a current account balance of -$85 billion and a capital account balance of $80 billion?

Scarcity is illustrated graphically by a production possibilities frontier

a. True b. False Indicate whether the statement is true or false

Which of the following is an example of screening?

a. A lender checks a loan applicants credit history. b. When an employee purchases group life insurance without taking a physical exam, she knows more about her health than does the insurance company. c. When someone is considering buying a used car from a dealership, the seller knows the repair history of the car but the potential buyer does not. d. All of the above are correct.