Solved

The Basis of the Parameters for an Economy Shown in Table

Question 159

Multiple Choice

The basis of the parameters for an economy shown in Table 6.5.(All figures are in $billion. )
The basis of the parameters for an economy shown in Table 6.5.(All figures are in $billion. )     -Refer to Table 6.5 to answer this question.At equilibrium,what is the balance of trade? A) A surplus of $100. B) A deficit of $100. C) A surplus of $300. D) A deficit of $300. E) A zero balance of trade.
-Refer to Table 6.5 to answer this question.At equilibrium,what is the balance of trade?


A) A surplus of $100.
B) A deficit of $100.
C) A surplus of $300.
D) A deficit of $300.
E) A zero balance of trade.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents