Author Question: Which of the following is true when a country is experiencing a trade surplus (NX > 0)? A) ... (Read 131 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
Which of the following is true when a country is experiencing a trade surplus (NX > 0)?
 
  A) Demand for domestic goods is equal to the domestic demand for goods.
  B) Demand for domestic goods is greater than the domestic demand for goods.
  C) Demand for domestic goods is less than the domestic demand for goods.
  D) A budget surplus exists.

Question 2

Which of the following does not represent a labor market rigidity to which critics refer when discussing unemployment in Europe?
 
  A) generous unemployment insurance
  B) restrictive monetary and fiscal policies
  C) a high degree of employment protection
  D) relatively high minimum wages
  E) none of the above



macybarnes

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

For a complete list of videos, visit our video library