Author Question: If the United States imports goods and services for a total of 45 billion, exports goods and ... (Read 122 times)

jon_i · **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.