The amount by which a nation’s import of goods (or goods and services) exceeds its export of goods or goods and services is________________?

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An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?

A. Pure capitalism B. Command Economy C. Closed economy D. Open economy...

The total amount by the federal govt. of the owner of the govt. securities is called___________________?

A. Public debt B. Public finance C. Public good D. None...

The attainment of literacy, arithmetic competence and elementary vocational skills ?

A. Basic qualifications B. Basic education C. Primary education D. All...

A tax which is a constant amount at all levels of GDP is termwd as ?

A. Fixed tax B. Surcharge C. Lump sum tax D. None...

A market situation in which a product that does not have close substitutes is being produced and sold by a single seller?

A. Oligopoly B. Monopoly C. Perfect competition D. None...