Microsoft's purchase of a factory in Mexico is entered into the U.S. balance of payments accounts as a
A) positive entry in the capital and financial account.
B) positive entry in the current account.
C) negative entry in the settlements account.
D) negative entry in the capital and financial account.
E) negative entry in the current account.
D
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Besides the Central Limit Theorem, the other cornerstone of asymptotic distribution theory is the
A) normal distribution. B) OLS estimator. C) Law of Large Numbers. D) Slutsky's theorem.
?Which of the following is an advantage of panel data?
A. ?We can difference the dependent variable, y, across time for different cross-sectional units. B. ?We can add the dependent variable, y, across time for different cross-sectional units. C. ?We can difference the dependent variable, y, across time for the same cross-sectional units. D. ?We can add the dependent variable, y, across time for the same cross-sectional units.
If equilibrium GDP is $300 billion greater than full employment GDP and there is an inflationary gap of $50 billion, how much is the multiplier?
What will be an ideal response?
A bond that pays a yearly interest rate of $100 is for sale. The interest rate was 10 percent and now is 5 percent. The price of the bond has
A. increased from $1000 to $2000. B. decreased from $1000 to $500. C. decreased from $2000 to $1000. D. increased from $500 to $2000.