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Author Question: If the United States imports goods and services for a total of 45 billion, exports goods and ... (Read 110 times)

jon_i

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on: Jun 30, 2018
If the United States imports goods and services for a total of 45 billion, exports goods and services for a total of 40 billion, records 4 billion as net interest and zero as net transfers, then the U.S. current account balance is
 
  A) 1 billion. B) -1 billion. C) 89 billion. D) zero. E) 81 billion.

Question 2

If the amount paid as unemployment benefits decreases, the opportunity cost of job search
 
  A) falls and people stay unemployed for a shorter time.
  B) rises and people would stay unemployed longer.
  C) rises and people stay unemployed for a shorter time.
  D) falls and people stay unemployed for a longer time.
  E) is not affected because unemployment benefits do not change job availability.


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b614102004

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


jon_i

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

cam1229

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

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