When a U.S. company makes a $200,000 donation to the International Red Cross to help the victims of an earthquake in India, the transaction is recorded in the
A) current account.
B) one-way donations account.
C) international help account.
D) capital and financial account.
E) official settlements account.
A
Economics
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Suppose a decrease in demand causes the price to decrease from $4 to $3 and the quantity to decrease from 1,000 to 700. Using the midpoint method, the elasticity of supply equals
A) 0.81. B) 1.24. C) 2.83. D) 0.18. E) None of the above answers is correct.
Economics
Describe the personal and social costs of unemployment.
What will be an ideal response?
Economics