The United States is called a debtor nation because
A) it has a large current account deficit and is simultaneously funded by foreign investment.
B) it has a large balance of payments deficit that is used to fund the current account deficit.
C) U.S. capital outflows are much greater than U.S. capital inflows.
D) it has a large financial account deficit that is used to fund the current account deficit.
A
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For a major country with extensive capital flows, what is the effect of an increase in interest rates?
A. A currency depreciation and increased net exports B. A currency depreciation and reduced net exports C. A currency appreciation and increased net exports D. A currency appreciation and reduced net exports
A White House proposal to increase infrastructure spending on roads, rail lines and runways is an example of
A) expansionary fiscal policy. B) insourcing policies. C) automatic stabilization. D) contractionary fiscal policy.
The above table has data from the nation of Atlantica. Based on these data, when disposable income equals 8.0 there is
A) dissavings of $0.5 trillion. B) dissavings of $15.5 trillion. C) savings of $15.5 trillion. D) savings of $0.5 trillion. E) dissavings of $7.5 trillion.
If the number of ITQs issued equals the efficient production level, what is the price of an ITQ?
What will be an ideal response?