Which of the following would be part of the nation's financial account?
A. A dividend from a British equity owned by an American
B. A payment to the Philippine government for the use of military bases in their country
C. One hundred shares of British Petroleum stock purchased by an American
D. A night club show seen by an American in Mexico City
Answer: C
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Which of the following, if implemented in the Solow growth model, would not lead to a steady state?
A) A higher population growth rate. B) Decreasing returns to scale in production. C) A savings rate that decreases as income increases. D) A constant marginal product of capital.
The share of college degrees earned by women was ____ in 2013 compared to ____ in 1961
a. 50 percent; 50 percent b. 47 percent; 30 percent c. 57 percent; 39 percent d. 51 percent; 48 percent
The charitable organization Creating Hope International trains women in Afghanistan to become tailors. This effort reduces
A) entrepreneurship differences between advanced and developing economies. B) human capital differences between advanced and developing economies. C) physical capital differences between advanced and developing economies. D) agricultural differences between advanced and developing economies. E) manufacturing differences between advanced and developing economies.
Net investment is the
A) total amount of gross investment minus depreciation. B) value of software and other network related products. C) profit or loss in the stock market. D) value of the depreciated capital multiplied by the changes in the price level.