When a U.S. company purchases a foreign company, the transaction is recorded in the balance of payments as part of:
A. the statistical discrepancy.
B. the current account.
C. the financial and capital account.
D. net transfers.
Answer: C
You might also like to view...
As a person consumes more and more slices of pizza, the marginal utility of each extra slice diminishes
Indicate whether the statement is true or false
In the figure above, the factor responsible for the decline in the interest rate is
A) a decline the price level. B) a decline in income. C) an increase in the money supply. D) a decline in the expected inflation rate.
The primary benefit of a monetary system of exchange compared to a barter system is the increased
a. ability to record transactions. b. time necessary to find trading partners. c. time devoted to shopping. d. efficiency in arranging transactions.
Economist B says all of the following: The economy needs expansionary fiscal policy to remove it from a recessionary gap. Government should either raise its __________ or cut _________________. I believe the tax multiplier is larger than the government spending multiplier, so I suggest government ___________________
A) taxes; spending; cut taxes B) spending; taxes; cut taxes C) taxes; spending; raise spending D) spending; taxes; raise spending E) none of the above