Matt and Melinda are American residents. Matt buys stock issued by a German corporation. Melinda opens a shoe factory in Panama. Whose purchase, by itself, increases the U.S.'s net capital outflow?

a. Matt's
b. Melinda's
c. both Matt's and Melinda's
d. neither Matt's nor Melinda's


c

Economics

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To combat inflation, Congress and the president should

A) increase transfer payments. B) decrease taxes. C) decrease government spending. D) raise interest rates.

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A reverse Phillips Curve would consist of a

A) positive relationship between deviations from trend in real and nominal interest rates. B) negative relationship between deviations from trend in real and nominal interest rates. C) positive relationship between deviations from trend in the level of prices and the level of aggregate economic activity. D) negative relationship between deviations from trend in the level of prices and the level of aggregate economic activity.

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A rent ceiling set above the equilibrium rent has no effect

Indicate whether the statement is true or false

Economics