Persistent current account deficits for the United States have
A) increased government budget deficits.
B) decreased investment in new plant and equipment.
C) slowed economic growth.
D) None of the above are correct.
D
You might also like to view...
Suppose that the Bank of Japan buys U.S. dollar assets with yen-denominated assets. Everything else held constant, this transaction will cause ________ in the foreign assets held by the Federal Reserve and ________ in the U.S. monetary base
A) an increase; an increase B) an increase; a decrease C) a decrease; an increase D) a decrease; a decrease
One way a government might protect monopoly rights is by:
A. heavily taxing alcohol and cigarettes. B. granting a patent. C. running unsubsidized state-owned enterprises that compete with private firms. D. All of these are ways the government protects monopoly rights.
The current yield of a bond:
A. is another term for the yield to maturity. B. is the difference between its future value and its present value. C. equals zero for a zero-coupon bond since these bonds have no coupon payments. D. is another term for the coupon rate.
A change in economic output is ________ if the value of the resulting gains exceeds the value of the resulting losses.
A. always inefficient B. potentially efficient C. irrelevant D. always efficient