A foreign resident increasing her holdings of a U.S. financial asset will be recorded as a debit item in the financial account of the U.S. balance of payments.
Answer the following statement true (T) or false (F)
False
Economics
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Suppose nominal GDP is $2,000 a year and the quantity of money is $400. Then the velocity of circulation equals
A) 10. B) 1/5. C) 2. D) 8. E) 5.
Economics
Give an example of a positive economic statement and a normative economic statement
What will be an ideal response?
Economics
Refer to the information provided in the table below to answer the following question. Table 7.3
Refer to Table 7.3. Suppose output varies, ceteris paribus, with labor input in the following manner displayed above. After how many units of labor do diminishing returns set in?
A. 3 B. 4 C. 5 D. They do not set in.
Economics
Ricardian equivalence implies a tax multiplier of zero
a. True b. False
Economics