When a U.S. investor buys a bond issued in a foreign country,
A) the balance on the current account decreases. B) the balance on the capital account decreases.
C) the balance of trade decreases. D) the balance on the financial account decreases.
D
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A supermarket manager discovers that his generic brand beans are disappearing off of his shelves faster than he can restock them and the premium brand beans are staying on the shelf going unsold
What can we probably say about the current prices of each of these products in relation to the market-clearing price?
According to the Solow model of economic growth, if per capita savings, s (Y/N)0, exceeds required steady state investment, (n + d) K/N, then
A) per capita output declines. B) capital per capita increases. C) capital per capita decreases. D) steady state growth characterizes the economy.
In the above table, the law of diminishing marginal product sets in with the hiring of ________ worker.
A. fourth B. sixth C. first D. third
Refer to the information provided in Figure 9.1 below to answer the question(s) that follow. Figure 9.1Refer to Figure 9.1. The profit-maximizing price of wheat is ________ per bushel.
A. $7 B. $9 C. $11 D. $15