In the balance of payments accounts, a net importer of capital is a nation that
What will be an ideal response?
sells more assets to individuals in other countries than the assets it buys from them.
You might also like to view...
The above table shows production points on Sweet-Tooth Land's production possibilities frontier. What is the opportunity cost of one can of cola if Sweet-tooth Land moves from point C to point B?
A) 20 chocolate bars per can of cola B) 10 chocolate bars per can of cola C) 2 chocolate bars per can of cola D) 1/2 chocolate bars per can of cola
The term "market basket" means a
A) collection of goods that can fit into an average shopping cart. B) collection of goods that changes every year and is defined by Congress. C) collection of goods that is used by a typical family. D) collection of goods that is purchased during a holiday season.
Modern economists measure how much utility Fred gets from a hot dog by
a. asking Fred how many utils he gets from its consumption. b. examining the price of the hamburger Fred chose not to buy. c. asking Fred how much of some other good he would give up to get the hot dog. The "other good" can be any good except money. d. asking Fred how much of some other good he would give up to get the hot dog. The "other good" can be any good, including money.
In the circular-flow diagram, which of the following items represents a payment for a factor of production?
a. interest b. capital c. spending by households on goods d. spending by households on services