A trade deficit involves:
a. net flows of goods from foreign countries to the domestic government.
b. net money flows from the foreign firms to the domestic government.
c. net money flows from the domestic firms to the domestic government.
d. net money flows from the foreign firms to the domestic firms.
e. net flows of goods from foreign countries to the domestic firms.
e
You might also like to view...
What is least accurate about the US experience with the income tax?
a. The federal income tax was not used for an extended period until after 1910. b. In the late 1800s and early 1900s, people from the South and West were most likely to support an income tax. c. Increases in the income tax were justified by using the money for more generous army pensions and increased military spending, especially for the US Navy. d. Provisions for the income tax were stated in the US Constitution.
Carla is deciding whether to go to the movies this afternoon. Behavioral economists predict Carla likely will:
A. over-value her opportunity cost. B. have a difficult time accurately valuing the benefit of the movie. C. have a hard time accurately valuing her opportunity cost of the movie. D. All of these are true.
According to the textbook application, California’s urban smog problem
a. diminished because of the responsiveness of U.S. automobile manufacturers b. was never addressed by state legislation c. was linked through scientific study to auto emissions in the 1950s d. all of the above
Until the year 2000, the Humphrey-Hawkins Act directed the Fed to pursue all of the following, except
A) maximum employment. B) price stability. C) high economic growth. D) moderate long-term interest rates.