In the early 1960s, monetary theory rather than Keynesian theory dominated economics
a. True
b. False
Indicate whether the statement is true or false
False
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How is foreign direct investment different from other types of international financial flows?
What will be an ideal response?
The decline in stock prices from 2000 through 2002
A) increased individuals' willingness to spend. B) had no effect on individual spending. C) reduced individuals' willingness to spend. D) increased individual wealth.
Which of the following are reasons why U.S. residents supply dollars to the foreign exchange market?
i. to buy U.S. exports ii. to buy foreign real estate iii. to buy foreign bonds A) i only B) ii only C) iii only D) i and iii E) ii and iii
Relatively high interest rates in the United States contributes to a strong U.S. dollar (less dollars per another currency) and this may lead to a deficit on the U.S. current account
Indicate whether the statement is true or false