The BP schedule shows the combinations of the interest rate and income

a. that clear the goods market.
b. that leads to equilibrium in the balance of payments.
c. that equate supply and demand in the foreign exchange market at a given exchange rate.
d. and is always positively sloped.
e. both b and d.

E

Economics

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Barter transactions typically take place between two individuals with the same goods to supply

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

Economics

Refer to the diagram. Which tax system has the least built-in stability?



A.  T 4 .
B.  T 3 .
C.  T 2 .
D.  T 1 .

Economics