« previous next »

Author Question: A ________ occurs when a country's exports exceed its imports. A) trade surplus B) budget surplus ... (Read 298 times)

amal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 30, 2018
A ________ occurs when a country's exports exceed its imports.
 
  A) trade surplus B) budget surplus C) trade deficit D) fiscal deficit

Question 2

Scarcity can best be defined as a situation in which
 
  A) there are no buyers willing to purchase what sellers have produced.
  B) there are not enough goods to satisfy all of the buyers' demand.
  C) there is more than enough money to satisfy consumers' wants.
  D) the resources we use to produce goods and services are limited.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


pocatato

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Energy budget for a temperate deciduous forest (data from Gosz et al. 1978). Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
Pott’s Occurs at the ankle and affects both bones of the lower leg (fibula and tibia) Pott’s Occurs at the ankle and affects both bones of the lower leg (fibula and tibia)
GDP per Capita by Country Group, 1820–2008 GDP per Capita by Country Group, 1820–2008
The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ... The enthalpy change for converting 10.0 g of ice at -25.0 C to water at 80.0 C is ________ kJ. ...
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
Conversion of F+ to an Hfr state occurs by integration of the F factor Conversion of F+ to an Hfr state occurs by integration of the F factor
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library