The difference between the interest income or receipts earned on investments in the rest of the world by the residents of a given country and the payments to foreigners on investments they have made in the given country is called:
A) unilateral transfers.
B) bilateral transfers.
C) net investment income.
D) gross investment income.
B
You might also like to view...
A decrease in autonomous consumption ________
A) lowers planned expenditures B) raises equilibrium output for any level of the interest rate C) causes a movement down along the IS curve D) all of the above E) none of the above
Mr. Max is about to purchase 4 units of good A and 6 units of good B. The price of both A and B is $2 . Mr. Max has only $20 to spend. If the marginal utility of the fourth unit of A is 12 and the marginal utility of the sixth unit of B is 12, then:
a. he should not buy anything. b. he should buy more of A and less of B. c. he should buy less of A and more of B. d. he should buy A and B in the quantities indicated. e. he should buy more of A and little more than that of B.
The cyclically adjusted deficit as a percentage of GDP is 1 percent in year 1. This deficit becomes a surplus of 1 percent of GDP in year 2. It can be concluded from year 1 to year 2 that:
A. fiscal policy was contractionary. B. the federal government is decreasing taxes. C. fiscal policy was expansionary. D. the federal government is increasing spending.
Suppose that a study is released stating that the more time a person spends fishing, the smaller the chance that the person is a vegetarian. This is best described as an example of
A. positive correlation. B. negative correlation. C. positive causation. D. negative causation.