When someone in a country buys an asset abroad, the transaction is recorded

A) in the current account.
B) in the official settlements balance.
C) in the financial account as a capital inflow.
D) in the financial account as a capital outflow.


D

Economics

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Loud music from a neighbor's party is

A) a negative externality whether or not you like it. B) a positive externality whether or not you like it. C) a positive externality if you like the music, and a negative externality if you don't. D) a negative externality if you like the music, and a positive externality if you don't. E) not an externality.

Economics

Suppose the quantity demanded is 1,000 million bushels of peaches per year when the price is $3 per bushel and 1,500 million bushels when the price is $1 per bushel. The price elasticity of demand in this range of the demand curve is:

a. elastic. b. inelastic. c. unitary elastic. d. infinitely elastic.

Economics

The Keynesian perspective considers changes to aggregate demand to be the cause of ____________ cycle fluctuations.

a. business b. production c. weather d. consumption

Economics

A portfolio of stocks, bonds, and other investments helps reduce the risk of investment

a. True b. False Indicate whether the statement is true or false

Economics