Suppose that Venezuela experiences significant capital outflows after a recent election. If the nation had fixed exchange rates, these flows would have had the following effect on the financial account and monetary base
a. Financial account would rise and monetary base would fall.
b. Financial account would not change and monetary base would fall.
c. Financial account would fall and monetary base would not change.
d. Financial account would fall and monetary base would fall.
e. Financial account would fall and monetary base would rise.
.D
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Which of the following countries received the largest amount of emigrant remittances in 2011?
A. India B. Mexico C. Philippines D. China
Developing countries typically have poorly developed property rights and less social capital designed to promote trust and cooperation in the economy
Indicate whether the statement is true or false
When GDP is measured in "current prices" it is known as the
A) real GDP. B) nominal GDP. C) real GNP. D) nominal GNP.
the amount by which equilibrium GDP falls short of full-employment GDP
What will be an ideal response?