Assets minus liabilities equals net worth.
Answer the following statement true (T) or false (F)
True
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Clarity Dence pays $375 for a used acoustic guitar from the local music instrument dealer. The dealer himself purchased it for $150. In principle, how would this exchange affect GDP?
A) Nothing happens to GDP, because the guitar is a used good. B) GDP increases by $150. C) GDP increases by $225. D) GDP increases by $375. E) GDP increases by $525.
Bottlenecks:
A. occur only in one-way networks. B. occur in both one-way and two-way networks. C. are a positive externality associated with networks. D. occur only in two-way networks.
Everything else equal, if the dollar appreciates against the peso:
A) U.S. will export more to Mexico and will import less from Mexico. B) U.S. exports to Mexico and imports from Mexico will decrease. C) U.S. exports to Mexico and imports from Mexico will increase. D) U.S. will import more from Mexico and will export less to Mexico.
Developing country governments often collaborate with foreign companies in
a. choosing inappropriate technologies b. transferring assets back home during foreign exchange crises c. promoting corporate goals over development goals d. avoiding taxes e. all of the above