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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 the process of doing a research paper; and how will the research be conducted for a ten page paper on homeland security
A firm currently uses 40,000 workers to produce 180,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $28. The cost of other variable inputs is $500,000 per day. Calculate the firm’s profit or loss...
Employees bear the cost and earn the returns on investments in general training and employers bear the cost and earn the return on specific training. Is this statement true, false, or uncertain? Give an economic justification for your answer.
If the code is an exemplar of good coding, explain what leads you to that conclusion. Be specific. If the code needs improvement, include a rewritten version of the code, in which you apply one of the methods described above to improve the program...
Suppose that Canada wants to subsidize production from capital. Production is given by Y = A * K^α * L^1−α. The market for labor and capital is competitive, and producers do not own capital. The government pays producers a fraction τ for each unit of..
As the price level rises
Estimates for a proposed small public facility are as follows: Plan A has a first cost of $50,000, a life of 25 years, a $5,000 market value, and annual maintenance expenses of $1,200.
In the first article it discusses how crude-oil prices increased and how that would hopefully get Russia and the Organization of the Petroleum Exporting Countries (OPEC) to go along with production cuts. A meeting in February is being arranged to dis..
When the demand curve and the supply curve both shift rightward at the same time (and that's the only information we have about this change) we can say that
New research suggests that cholesterol may not be as unhealthy as previously through. if so what will happen to the demand for eggs a high cholesterol food?
What is a financial system and why would a country with a well developed and fully functional financial system be better off than a country without it?
Crossroads Sign Case Assume you are the plant manager for Crossroads Sign Company, which produces road signs in a market that approximates perfect competition.
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