The current account on a nation's balance of payments statement includes all of the following except:
A. The nation's goods exports
B. The nation's goods imports
C. Net investment income
D. Net purchases of assets abroad
D. Net purchases of assets abroad
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Explain why a London Eurobank has a competitive advantage over a bank in New York in attracting dollar deposits
What will be an ideal response?
A scatterplot is
A) a graph highlighting leads and lags. B) a graph with one series on each axis. C) a graph of one series against time. D) a graph of two series against time.
Given the underlying demographic changes in our society, we can expect
a. budget surpluses to outnumber budget deficits in the years ahead. b. the number of budget surpluses to be approximately equal to the number of budget deficits in the years ahead. c. budget deficits to outnumber budget surpluses in the years ahead. d. budget deficits one year to be followed by a budget surplus the next so that the budget balances every two years.
Supply-side economists believe reductions in tax rates can
A) shift the aggregate demand curve to the left. B) shift the short run aggregate supply curve to the left. C) increase output and lower prices. D) decrease output and lower prices.