Use the following table to answer the next question.Current AccountFinancial AccountCapital Account-$753,438 $30,696One possible explanation for this situation is ________.
A. people in other countries prefer buying U.S. financial assets
B. people in other countries prefer imported goods to domestic goods
C. domestic residents have a preference for domestic non-produced assets
D. people in other countries prefer to consume their income rather than save it
Answer: A
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The presence of government corruption in some countries
A) slows their economic growth. B) speeds their economic growth. C) invalidates the new growth theory's predictions. D) supports the classical growth theory's predictions. E) invalidates the neoclassical growth theory's predictions.
In Griggs v. Duke Power Company, the Supreme Court allowed intelligence tests by employers to screen potential workers
Indicate whether the statement is true or false
How does an increase in income affect the market for bus rides (inferior good)?
a. The demand curve for bus rides to shift to the right b. The demand curve for bus rides to shift to the left c. The supply curve for bus rides to shift to the right d. The supply curve for bus rides to shift to the left
The theory of economic rent can be used to explain high incomes received by movie stars and athletes.
Answer the following statement true (T) or false (F)