if you take investment by US residents in other countries and you subtract investment by foreign resident in the US, you will find
What will be an ideal response?
net foreign investment
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The Federal Reserve lowers interest rates. As a result, in the short run, real GDP ________ and the price level ________
A) increases; rises B) increases; falls C) decreases; rises D) decreases; falls
According to your text, during the 2000s, the inflation rate was in which range of percentages?
A) 0-5% B) 5-10% C) 10-15% D) 15-20%
Which of the following is not true about income quintiles?
a. Only one in seven households in the bottom quintile has anybody working full time b. Only one in three households in the top quintile has anybody working at all c. A primary contributor to the smaller share of income going to the bottom quintile has been the growth of single-parent households d. Three out of four households in the top quintile have two or more working e. A primary contributor to the larger share of income going to the top quintile has been the growth of two-earner households
The interest rate effect suggests that the negative slope of the aggregate demand curve results at least in part because changes in the price level affect: a. domestic purchases of foreign goods
b. the holdings of money by households and firms. c. the real purchasing power of assets. d. the level of income.