A government may view with favor its country's importing more than it exports provided that the
a. exports are to the countries from which it imports
b. imports are luxuries that have little effect on the economy
c. imports are capital goods such as machinery that will be used to create future exports
d. balance of payments still nets out to zero
e. countries exporting to it are willing to increase their tariffs to restore balance
C
Economics
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When a variable is determined by a factor inside of the function or model being evaluated, it is said to be
A) endogenous. B) exogenous. C) unexplained. D) statistically insignificant.
Economics
The supply curve slopes or curves _____.
Fill in the blank(s) with the appropriate word(s).
Economics