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I am allowed to work with others on quizzes. 

Capital Account surpluses mean that there is more money in the country. And that can be used to purchase more goods. When the country imports more, they are likely to have a trade deficit. 

The USA, in recent history, has been running an overall trade surplus.  

Tests will be available for a window of time (about 36-48 hours or so). I can take the tests when I want in this window, as long as I meet the deadline. 

Trade imbalances are a result of a country’s trade policy and is unrelated to the inflow or outflow of capital through investments or assets purchases/sales. 

Economists generally recommend running a trade surplus. 

This course is being offered intensively, in only a few weeks. Managing my time wisely will be key. 

Beach-front vacation homes are sold in a new section of North Carolina’s Outer Banks. This is reflected in US GDP as:  A=Investment B=Consumption C=Government Expenditures D=None…Is not relevant in GDP

Assume that Ralph’s marginal cost of delivering blue jeans to the consumer is $23 and he puts the jeans on sale for $23. It is irrational for Ralph to sell jeans at this point. 

8.4 Rewrite the following sentence in simple past tense: Wilbur eats his dinner. (1)