Author Question: A country imported goods and services worth 10 billion and exported goods and services worth 11.1 ... (Read 133 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
A country imported goods and services worth 10 billion and exported goods and services worth 11.1 billion during a particular year. This implies that the country experienced a ________ during that year.
 
  A) trade surplus B) budget surplus C) budget deficit D) trade deficit

Question 2

Which of the following statements is NOT a function of the Fed?
 
  A) It ensures that commercial banks report their assets and liabilities with accuracy.
  B) It monitors the stockholders' equity of commercial banks.
  C) It oversees interbank payment systems.
  D) It regulates the various stock markets in the economy.



milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library