How does the U. S. economy benefit from either transaction (the foreign purchase of U. S. goods and services [exports] or the purchase of U. S. assets)?

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u. s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?