Net capital outflow equals the purchase of
a. foreign assets by domestic residents.
b. domestic assets by foreign residents.
c. domestic assets by foreign residents - the purchase of foreign assets by domestic residents
d. foreign assets by domestic residents - the purchase of domestic assets by foreign residents
d
You might also like to view...
Positive economic analysis is supposed to be
A) true. B) free of value judgments. C) just and fair. D) moral and honest.
Consider a commonly owned fishery in a market with no other fisheries. Given the Tragedy of the Commons, it is more efficient to let a single firm take over the fishery even if that gives the firm monopoly power.
Answer the following statement true (T) or false (F)
According to the real business cycle model,
A) increases in aggregate demand do not affect GDP. B) increases in aggregate demand lower the price level. C) increases in aggregate demand lower GDP. D) increases in aggregate demand raise GDP.
Which of the following would be most likely to induce Congress and the president to conduct contractionary fiscal policy? A significant
A) increase in labor productivity. B) decrease in oil prices. C) increase in inflation. D) decrease in real GDP.