Capital flows deal with:
A) buying and selling of newly produced final goods and services among countries.
B) buying and selling of existing real and financial assets among countries.
C) buying and selling of only domestic final goods and services.
D) none of the above.
B
You might also like to view...
The demand curve facing a perfectly competitive firm is: a. perfectly inelastic. b. perfectly elastic
c. unit elastic. d. downward sloping.
If a nation's imports exceed its exports: a. net exports will be positive
b. GDP will be less than the sum of consumption, investment, and government purchases. c. GDP will be greater than the sum of consumption, investment, and government purchases. d. none of the above apply.
Why do price levels increase when government adopts fiscal or monetary policy to correct the economy when it faces a recession and high unemployment?
What will be an ideal response?
If you believe that a worker should be paid on the basis of what he or she produced, you believe in
A. the egalitarian principle. B. the comparative worth principle. C. the benefits standard. D. the productivity standard.