During most of the 1980s, 1990s, and 2000s the U.S. has had a ________ current account balance and a ________ capital and financial account balance.
A) positive; positive
B) positive; negative
C) negative; positive
D) negative; negative
Question 2
In the figure above, if the minimum wage is 4 per hour, then
A) the quantity of labor supplied is less than the quantity of labor demanded.
B) the quantity of labor supplied is 4 million hours and the quantity of labor demanded is 2 million hours.
C) unemployment is 1 million hours.
D) the quantity of labor supplied is 3 million hours and the quantity of labor demanded is 3 million hours.