Author Question: The amount of input divided by the amount of output equals productivity. Indicate whether the ... (Read 106 times)

kwoodring · **on:** Jul 14, 2018

The amount of input divided by the amount of output equals productivity.

Indicate whether the statement is true or false

Question 2

When a country imports more than it exports, it has a(n)
A) trade surplus.
B) favorable balance of trade.
C) favorable exchange role.
D) unfavorable balance of trade.
E) favorable balance of payments.