On a balance sheet, stockholders' equity is listed as an asset
Indicate whether the statement is true or false
FALSE
You might also like to view...
It is believed that in order to promote growth, a top priority of the World Bank and the International Monetary Fund is to
A) focus on basic market foundations of guaranteeing property and contract rights. B) promote the increase of dead capital. C) make more loans. D) join forces and merge into one unit.
An economic model
a. uses equations to understand normative economic phenomena b. often omits crucial elements c. simplifies reality in order to focus on crucial elements d. tries to make simple concepts more complex e. cannot be proven wrong
Under a managed float,
a. currency traders "buy low and sell high" b. a central bank attempts to stabilize an exchange rate c. national governments use fiscal policy to prevent inflation d. managers allow product prices to float in response to supply and demand shifts e. governments attempt to harmonize their tax policies.
Answer the following statements true (T) or false (F)
1. The financial account of the balance of payments includes the purchase and sale of physical assets but not of financial assets. 2. U.S. balance-of-payments deficits can be financed either through changes in U.S. official reserve assets or through changes in foreign official dollar holdings. 3. In recent years, the IMF has altered its mission from one of providing long-term loans to developing nations to one of providing short-run financial support for dealing with balance-of-payments problems. 4. Meetings among the leaders of the Group of Seven nations have directed the course of international monetary policy in the last decade. 5. The International Monetary Fund was established to stabilize exchange rates and to provide temporary assistance to nations with deficit balance of payments.