When an investor sells an asset for a profit, then that profit is called a capital gain.
Answer the following statement true (T) or false (F)
True
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Compare the views of Keynesian and mainstream economists on the effects fiscal stimulus has on real GDP and employment
What will be an ideal response?
In the open-economy macroeconomic model, net exports equal the quantity of dollars demanded in the market for foreign currency exchange
a. True b. False Indicate whether the statement is true or false
Assume that investment does not depend on the interest rate. A reduction in the money supply will cause which of the following for this economy?
A) no change in the interest rate B) no change in output C) a reduction in investment D) an increase in investment
The U.S. trade deficit is made possible, in part, because of foreigners' demand for U.S. financial assets
a. True b. False Indicate whether the statement is true or false