If purchases of foreign assets by U.S. residents exceed purchases of U.S. assets by foreign residents, then U.S. net capital outflow is positive
a. True
b. False
Indicate whether the statement is true or false
True
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By the time the Civil War (1861–1865) ended, hyperinflation was a problem in both the North and the South
Indicate whether the statement is true or false
Discuss some of the changes in the organization of the economic systems of countries transitioning from communism to capitalism. How does this type of market reform increase economic efficiency?
What will be an ideal response?
Deficits and surpluses are best viewed as:
A. comprehensive measures of government's budget. B. a summary measure of the financial health of the economy. C. a summary measure of a nation's fiscal policy. D. a summary measure of a nation's monetary policy.
What would the Herfindahl-Hirschman Index equal for an industry consisting of six firms with market shares of 5 percent, 10 percent, 15 percent, 20 percent, 25 percent, and 25 percent?
A. 100 B. 1,350 C. 1,375 D. 2,000