Answer:
c. Balance of trade is equal to the sum of current account balance and financial account balance.
Explanation:
The balance of trade is the difference in value between a country's imports and its exports over time. Balance of trade ( BOT) is expressed in monetary terms. If a country has more exports than imports, it has a positive trade balance or a trade surplus. Balance of trade is also known as international trade balance or trade balance.
Economists use the balance of trade in determining the country's current account. A trade deficit or trade surplus on its own does not mean that the economy is weak or strong in that period. The balance of trade is obtained by subtracting net imports from net exports.
Answer:
The correct answer is option c.
Explanation:
The natural rate of unemployment is the unemployment rate that exists in a heathy economy. When the unemployment rate is equal to natural rate, the economy is considered to be at full employment.
It includes only structural and frictional unemployment, cyclical unemployment is not included.
Answer:
B) $5,000
Explanation:
Under Section 1014 (a) the basis of any property acquired by a decedent (Lynn) through a gift within 1 year of death and passed back to the donor (Edwin) due to the decedent's death, will be adjusted to the basis immediately prior to the death.
In other words, since Lynn died within 1 year of receiving Edwin's gift, Edwin's basis will be the same as Lynn's basis.
Answer:
Nations are defined by boundaries— separating others from the self. A nation is like a human body with an immune system: repelling alien “invaders” that may penetrate into the interior
Explanation:
