A current account surplus implies a capital account deficit.
Answer the following statement true (T) or false (F)
True
Economics
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Joseph Stiglitz has argued in favor of the transition policies carried out by international institutions
a. True b. False
Economics
Which of the following is counted in GDP?
A) the trading of 100 shares of Microsoft stock B) the services of a real estate broker C) government transfer payments D) the sale of a used car E) none of the above
Economics
Refer to Figure 19.1. Ben's consumer surplus is equal to
A. $200. B. $100. C. $50. D. $0.
Economics
When a Chinese company builds an auto plant in the United States, the immediate result of this Chinese investment in the United States is a ________ item in the U.S. ________ account
A) surplus; current B) surplus; financial C) deficit; current D) deficit; financial
Economics