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In the balance of payments, if there are no statistical errors or discrepancies, which of the following is TRUE of the sum of the capital account balance, the current account balance, and the official reserve transactions account balance?
a. This sum must always be zero, because the sum of all surplus and deficit items associated with cross-border transactions must equal zero.
b. This sum is either positive or negative, depending on whether the sum of all surplus and deficit items associated with cross-border transactions is positive or negative.
c. This sum is positive only if the U.S. government operates with a budget surplus.
d. This sum is positive only if the U.S. government operates with a budget deficit.
Explain how manager could improve and become more "well rounded". Also include what this manager did well. Include observations about the managerial environment.
q1. when the price of ketchup rises by 15 the demand for hot dogs falls by 1 b are the goods complements or
Compute the percentage change in price and quantity (%ΔP, %ΔQd) by adding this one room. Calculate the Price Elasticity of Demand.
Jim and Lisa own a dog-grooming business in Champlain, New York, called JL Groomers. There are many buyers and many sellers in the dog-grooming service market. JL Groomers experiences normal cost curves, with the marginal cost (MC) curve crossing ave..
You are given the following information for Sookie’s Cookies Co.: sales = $51,000; costs = $39,800; addition to retained earnings = $2,300; dividends paid = $925; interest expense = $1,580; tax rate = 40 percent. Calculate the depreciation expense.
A company is a monopoly in the market for bottled water. It was two plants to produced bottled water.
In the text we stated that the bank of Canada's long run policy target is the rate of inflation. What experiences have led many central banks to choose this long-run policy target?
Suppose that tax and aggregate expenditur income for an economy. Illustrate what is the change in taxes cause by an increase in government spending.
The demand for good X has been estimated by QXd =12 - 3PX + 4PY. Suppose that good X sells at $2 per unit and good Y sells for $1 per unit. Calculate the own price elasticity. Please show steps.
What is the equilibrium price and quantity (P* and Q*) in the market for oranges with the following conditions? An event in Florida changed the supply of oranges. Demand did not change. The new supply equation is Q=5+P what is the new equilibrium pri..
Explain the 4 ways the Federal Reserve would increase the money Supply and explain and graph how this would impact interest rates, consumption, and investment, AD, GDP, Prices and Unemployment. (Make sure to include both the money and the goods graph..
Economies of scale and dis-economies of scale? What do these terms mean, when do they occur and how do they differ? Can you provide an example of economies and scale and dis-economies of scale.
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