Which of the following would not be counted in the U.S. BOP current account?
a. Helen, an American oil engineer, is a paid adviser to Middle Eastern countries in the area of petroleum extraction.
b. General Motors Corporation owns buildings that are situated in Mexico.
c. France purchases a new jet fighter aircraft from the Boeing Company in the U.S.
d. Martha receives a $50 dividend check on stock she owns in a business in Germany.
e. A wealthy Italian purchases numerous antiques in the United States for his villa.
b
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If a curve rises and then falls, it has a
A) slope that is negative and then positive. B) minimum. C) linear relationshi
Which of the following statements is true?
A) In the short run, a firm can vary all its inputs. B) In the long run, a firm cannot vary any of its inputs. C) Short-run cost curves lie above long-run cost curves. D) Short-run cost curves lie below long-run cost curves.
Define and explain how we calculate the marginal propensity to consume and the marginal propensity to save
What will be an ideal response?
Under what circumstances would you expect economic profits to be zero in a particular industry?
A. During a recession B. When there is little competition in the industry C. When the industry is neither expanding nor contracting D. When the demand for the product being produced is increasing