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 94 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?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
How to evaluate algebraic terms containing fractional exponents without a calculator (Part 2) How to evaluate algebraic terms containing fractional exponents without a calculator (Part 2)
Drawing of Central PompeII In Its Current State Drawing of Central PompeII In Its Current State
Wind, solar, biomass, and geothermal power account for less than 1% of global power generation Wind, solar, biomass, and geothermal power account for less than 1% of global power generation
Find a quadractic equation that models the data in standard form Find a quadractic equation that models the data in standard form
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: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library