This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Current account is given by the equation: A) CA = IM - EX (measured in terms of domestic output). ... (Read 33 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
Current account is given by the equation:
 
  A) CA = IM - EX (measured in terms of domestic output).
  B) CA = IM - EX (measured in terms of foreign output).
  C) CA = EX - IM (measured in terms of domestic output).
  D) CA = EX - IM (measured in terms of foreign output).
  E) CA = EX + IM (measured in terms of domestic output).

Question 2

Refer to the production possibility graph above. Assume that the economy is in equilibrium at point e. If there is an increase in the wage rate, the new equilibrium is most likely to be
 
  A) point e.
  B) point d.
  C) point f.
  D) point h.
  E) point b.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


karen

  • Hero Member
  • *****
  • Posts: 537
Reply #2 on: Jun 30, 2018
Correct answers!


Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Comparing allele and genotype frequencies in a population with the Hardy-Weinberg equation and a Pun Comparing allele and genotype frequencies in a population with the Hardy-Weinberg equation and a Pun
The declining age of menarche over the past 150 years has been measured in many European countries, The declining age of menarche over the past 150 years has been measured in many European countries,
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
How to evaluate algebraic terms containing fractional exponents without a calculator How to evaluate algebraic terms containing fractional exponents without a calculator
Inferring Productivity from Data on Output and Factor Accumulation Inferring Productivity from Data on Output and Factor Accumulation
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Introduction to Sleep Apnea

For a complete list of videos, visit our video library