Author Question: Which of the following is true when a country is experiencing a trade surplus (NX > 0)? A) ... (Read 143 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?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library