An increase in a nation's financial liabilities to foreign residents is a
A. capital imports.
B. capital outflow.
C. reserve inflow.
D. reserve outflow.
Answer: A
You might also like to view...
Refer to the above figure. Suppose the relevant aggregate demand curve is AD2. If the government wants to use fiscal policy to close the existing gap, it should
A) increase government spending. B) increase taxes. C) increase the money supply. D) decrease taxes.
The arguments of Kessel and Alchien (1959) on the terms of trade and the question of "who paid for the Civil War (1861–1865)" conclude that 40 percent of the war's burden fell on
(a) those who exported manufactures. (b) those who purchased imports. (c) farmers alone. (d) the economy as a whole.
Which of the following conditions would definitely cause a perfectly competitive company to shut down in the short run?
A) P < MC B) P = MC < AC C) P < AVC D) P = MR
Suppose the market clearing price is $15 and the price ceiling is $17. The price that prevails in the market will be
A) $17. B) $15. C) less than $15. D) more than $17.