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Author Question: The elasticity of supply measures the sensitivity of A) supply to changes in costs. B) quantity ... (Read 38 times)

mikaylakyoung

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on: Jun 29, 2018
The elasticity of supply measures the sensitivity of
 
  A) supply to changes in costs.
  B) quantity supplied to quantity demanded.
  C) quantity supplied to a change in price.
  D) price to changes in supply.

Question 2

During this year a country reports imports of 1,000 billion, exports of 1,100 billion, foreign investment in the country of 900 billion, investment abroad of 1,200 billion, net interest and net transfers of zero.
 
  What is the country's current account balance?


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xthemafja

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

The current account balance is 100 billion.


mikaylakyoung

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Reply 2 on: Jun 29, 2018
:D TYSM

FergA

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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