Corporations are legally owned by their board of directors
Indicate whether the statement is true or false
FALSE
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If foreigners held U.S. assets worth $200 billion during a certain year and the value of the current account for that year was -$189 billion, the total volume of foreign assets held domestically was worth ________
A) $101 billion B) $389 billion C) $421 billion D) $211 billion
Three uses of gdp data
What will be an ideal response?
In an open economy, we know that individuals must choose between which of the following?
A) domestic bonds and foreign currency B) foreign goods and domestic currency C) domestic and foreign bonds D) domestic goods and foreign currency E) none of the above
We know that products A and B are related goods, because when the price of A increases
A) the demand curve for B will shift to the right, because A and B are complementary goods. B) the quantity of B demanded will shift along its demand curve, because A and B are complementary goods. C) the demand curve for B will shift to the left, because A and B are complementary goods. D) the demand curve for B will remain unchanged because A and B are substitute goods.