In the balance-of-payments accounts, the statistical discrepancy

A) equals the capital account balance minus the current account balance.
B) equals the current account balance minus the capital account balance.
C) probably reflects hidden capital flows.
D) must equal zero.

C

Economics

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The figure above shows the production possibilities frontier for a country. In order for it to produce at point E, the

A) country would need to acquire more resources and/or more advanced technology. B) production of compact cars would need to decrease. C) production of SUVs would need to decrease. D) country would need to use its resources more efficiently. E) country would need to determine that compact cars and SUVs are equally important to it.

Economics

If a per-unit tax on output sold is imposed on a monopoly's product, the monopolist will increase its market price by the full amount of the tax

Indicate whether the statement is true or false

Economics