ECON 201 Study Guide - Quiz Guide: Capital Market, Neoclassical Economics, Human Capital
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ECON 201 Full Course Notes
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Written: feb 24, 2017 4:24 pm - feb 24, 2017 5:05 pm. Goods and services produced in one country that are then sold in other countries are called. ____________. a) surplus items b) exports c) economic stimulants d) tradeable items. If exports ______________, then the economy is said to have a trade surplus. a) follow imports b) exceed imports. 1 / 1 point c) equal imports d) precede imports. The term _____________ describes circumstances where a country"s exports exceed its imports. a) trade imbalance b) trade surplus c) trade balance d) trade deficit. Which of the following represents a financial inflow into the u. s. economy? a) foreign aid from the u. s. to haiti b) south korean car imports c) oil imports from iraq d) canadian investors buying real estate in arizona. A country"s current national savings and investment identity is expressed in algebraic terms as i s (t.