The net capital outflow is the net flow of:
A. capital goods owned within a country.
B. funds invested outside of a country.
C. funds invested within a country.
D. capital goods owned outside a country.
Answer: B
You might also like to view...
When the aggregate demand curve shifts ________ than the long-run aggregate supply shifts rightward, the result will be inflation
A) rightward at a faster rate B) leftward at a slower rate C) leftward at the same rate D) rightward at a slower rate
The use of fiscal policy to stabilize the economy is limited because
A) changes in government spending and tax rates have a small effect on interest rates. B) the Internal Revenue Service (IRS) resists changes in tax rates because of all the changes they would have to make to the tax code. C) changes in government spending and tax rates have a small effect on aggregate demand. D) the legislative process can be slow, which means that it is difficult to make fiscal policy actions in a timely way.
Supply-side economics calls for:
A. lower taxes on businesses and individuals. B. regulatory reforms to increase enforcement. C. reduction in trade barriers. D. increased government spending on infrastructure.
Which of the following statements about the classical model of the economy is FALSE?
A. Wages and prices are flexible. B. The economy will always move toward, or be at, full employment. C. Savings and investment will always be equal. D. Individuals pursue the public interest, not their own self-interest.