Which of the following is NOT considered a receipt in the balance of payments?
A) exports of goods
B) capital inflows
C) import of services
D) unilateral transfers to U.S. citizens
C
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Refer to Figure 3-7. Assume that the graphs in this figure represent the demand and supply curves for blu-ray discs. Which panel best describes what happens in this market if there is a substantial increase in the price of blu-ray players?
A) Panel (a) B) Panel (b) C) Panel (c) D) Panel (d)
As of 2009, China's economy had recovered from the global recession that began in 2008
Use aggregate demand and aggregate supply analysis to explain why, and to explain the likely consequences for China of an increase in the growth rate of the global economy.
In the United States, corporate profits are taxed
A) only at the corporate level. B) only when investors receive dividends. C) at both the corporate level and when investors receive dividends. D) neither at the corporate level nor when investors receive dividends.
Stock market transactions are part of GNP.
Answer the following statement true (T) or false (F)