The extremely rapid _____________ of foreign capital from the flow of international trade can plunge an economy into deep recession.
a. introduction
b. departure
c. increase
d. stalling
b. departure
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What is net marginal revenue?
A) The same as marginal profit. B) The additional revenue the firm earns from an extra unit of an internally produced intermediate input. C) The additional revenue the firm earns from producing one more unit of output. D) The additional revenue the firm earns from selling one more unit of output.
The unemployment rate is equal to the natural unemployment rate at
A) some point within the interior of the physical PPF but beyond the institutional PPF. B) some point within the interior of the physical PPF, but we cannot locate it with more accuracy. C) some point within the interior of the institutional PPF, but we cannot locate it with more accuracy. D) every point on the institutional PPF. E) every point on the physical PPF.
A U.S. firm buys apples from New Zealand with New Zealand dollars it got in exchange for U.S. dollars. New Zealand residents then use these dollars to purchase oranges from the U.S. Which of the following increases?
a. New Zealand's net capital outflow and New Zealand's net exports b. only New Zealand's net exports c. only New Zealand's net capital outflow d. neither New Zealand's net exports nor New Zealand's capital outflow
As the reserve ratio decreases, the money multiplier
a. increases. b. does not change. c. decreases. d. could do any of the above.