A U.S. citizen's gift for famine relief in Somalia would be considered a:
A. capital inflow.
B. capital outflow.
C. current account transaction.
D. service trade transaction.
Answer: C
Economics
You might also like to view...
Which of the following is NOT included using the transactions approach to measuring the money supply (M1)?
A) certificates of deposit B) traveler's checks C) currency D) transaction deposits
Economics
The tools, instruments, machines, and buildings that people use to produce goods and services are called human capital
Indicate whether the statement is true or false
Economics
If the MPS is 0.1 and the income tax rate is 0.33, and the fraction of income spent on imports is 0.25, then the multiplier is
A) 2.5. B) 1.47. C) 1.51. D) 1.55.
Economics
What is the general principle of price discrimination?
Economics