International flows of capital increase both efficiency and growth in countries around the world
Indicate whether the statement is true or false
TRUE
You might also like to view...
Looking at the U.S. balance of payments from 1980 to 2012, we see that the
A) official settlements account was large in the 1980s relative to the current account. B) capital and financial account has been negative for most years and was small in the late 1980s and early 1990s. C) current account has been negative for most years and was small in the late 1980s and early 1990s. D) current account was positive until 1992 then turned negative. E) current account was negative until 1992 then turned positive.
A Big Mac costs $4.79 in the United States and 9.6 zlotys in Poland. If the exchange rate is 3 zlotys per dollar, what is the dollar cost of a Big Mac in Poland?
A) $1.60 B) $2.00 C) $3.20 D) $4.64
The value of every monetary transaction in the economy would be included in
a. GDP. b. potential GDP. c. personal income. d. national income. e. None of the above.
The flypaper effect is _____
a. that government grants get shifted around to other uses b. that government grants get spent on what they were intended to be spent on c. that government grants are used to lower tax rates d. that government grants are not used by local governments