An example of a deficit item on the U.S. balance of payments is
A) the sale of a spark plug made by a U.S. firm in Michigan to a Nissan plant in Tennessee.
B) the purchase of Japanese yen by a U.S. firm.
C) a deposit in a bank in Chicago by the government of Saudi Arabia.
D) the payment of a dividend by a British firm to a U.S. family.
B
You might also like to view...
Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.
A. lower; potential B. higher; potential C. higher; higher D. lower; higher
What is "pork barrel spending"?
What will be an ideal response?
Before the deregulation of banks and other financial institutions in the 1980s, the Federal Reserve Board's Regulation Q regulated the interest rates on bank deposits and the interest rates charged on loans
Indicate whether the statement is true or false
Oligopolies are difficult to analyze because of the interdependent nature of management decisions.
Answer the following statement true (T) or false (F)