Refer to the scenario above. If Lawland's net factor payments from abroad equals zero and net transfer payments from abroad is negative, ________
A) Lawland is likely to experience a net outflow of assets
B) Lawland is likely to experience a current account surplus
C) Lawland is likely to experience a current account deficit
D) Lawland is likely to stop trading with its trading partners
A country imported goods and services worth $40 billion and exported goods and services worth $37.8 billion during a particular year.
C
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The Sarbanes-Oxley Act of 2002
A) requires that CEO's personally certify the accuracy of financial statements. B) mandates that firms raise funds for expansion only through the sale of stock or from bank loans, but not from the sale of corporate bonds. C) created the Consumer Financial Protection Bureau to be housed in the Federal Reserve. D) established the Financial Stability Oversight Council to identify risks to the financial system.
A firm's short-run average cost is defined as
a. the ratio of total output to short-run total cost. b. the ratio of short-run total cost to total output. c. the additional cost of producing one more unit of output while some input is fixed. d. the additional cost of producing one more unit of output while all inputs are fixed.
The production possibilities frontier slopes downward and to the right because of limited resources
a. True b. False Indicate whether the statement is true or false
Which of the following actions is most likely to lead to an increase in the money supply?
A) Fed purchases of government securities B) an increase in the required reserve ratio C) an increase in the discount rate D) none of the above