Which of the following would be recorded as a credit in the U.S. balance of payments accounts?
a. the purchase of a German business by a U.S. investor
b. the import of Honda trucks by a U.S. automobile distributor
c. European travel expenditures of an American college student
d. the purchase of a U.S. Treasury bond by a French investment company
D
You might also like to view...
Bill owns "Bill's Home of Blues" a store that specializes in selling CDs and DVDs of blues musicians of the 1960s and 1970s. Bill took out a loan from his bank to pay for his store and its initial inventory
Bill pays the bank $900 per week for his loan. The $900 bank payment A) is a short-run implicit cost. B) is a fixed cost. C) is a variable cost. D) is a long-run implicit cost.
In the press, there has been a considerable amount of attention given to the notion of corporations being taxed. Explain how it is that a tax on a business could be borne entirely by consumers.
What will be an ideal response?
Within the IS-LM curve model, a decline in expectations would
a. lower income and the interest rate. b. increase income and lower the interest rate. c. lower income, but leave the interest rate unchanged. d. lower the interest rate, but leave income unchanged. e. lower income and increase the interest rate.
Which pair of goods is likely to have the largest positive cross-price elasticity?
A. Peanut butter and jelly B. Butter and margarine C. Ramen noodles and a Rolex watch D. Cross-price elasticity is always negative, and simply reported in absolute value.