The current account records foreign investment in the United States minus U.S. investment abroad

Indicate whether the statement is true or false


FALSE

Economics

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Which of the following statements is FALSE?

A) Transactions in which households buy final goods and services occur in the factor market. B) Saving is the difference between consumer income and expenditures. C) The value of total output is identical to total income. D) One definition of total income is that it is the annual cost of producing the entire output of final goods and services.

Economics

Keeping in mind economists' definition of factors of production, which of the following is NOT a factor of production?

A) money B) low-skilled labor C) coal D) an engineer

Economics

Which of the following criteria need NOT be satisfied for choosing a policy instrument?

A) The variable must be measurable. B) The variable must be controllable. C) The variable must be predictable. D) The variable must be transportable.

Economics

Branding:

A. promises the differences in products are completely perceived and not real. B. can be a barrier to entry. C. guarantees high-quality products. D. All of these statements are true.

Economics