According to this Application, what is one of the major puzzles regarding international financial statistics?

A) There appears to be the same amount of investment income paid and received each year.
B) There appears to be less investment income paid than received each year.
C) There appears to be more investment income paid than received each year.
D) none of the above


C

Economics

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When the dollar depreciates,

A) exports will increase and U.S. consumers benefit. B) imports will increase and U.S. consumers benefit. C) exports will decrease and U.S. exporters benefit. D) exports will increase and U.S. exporters gain.

Economics

The marginal propensity to consume is: a. the relationship between a change in consumption and a change in income. b. the relationship between a change in consumption and a change in saving. c. the relationship between changes in consumption and changes in net wealth. d. the ratio of income to consumption at any given level of income

e. the ratio of total consumption to total saving.

Economics

Capital shallowing occurs because old capital depreciates, or becomes completely obsolete with the passage of time

a. True b. False Indicate whether the statement is true or false

Economics

Based on the figure below. Starting from long-run equilibrium at point C, a tax increase that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.

A. D; C B. D; B C. A; B D. B; C

Economics