When the United States sends money to the Philippines to help typhoon survivors, the transaction is recorded in
A) the financial account. B) the capital account.
C) the current account. D) the foreign exchange account.
C
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A characteristic of an increasing cost industry is that, as the market expands, the:
a. price of the product increases. b. costs of production increase. c. price of the product decreases. d. costs of production decrease.
Which of the following is among the policies that the Chinese government has implemented since 2006?
A. Reducing the restrictions on foreign acquisitions of Chinese publicly traded companies. B. Phasing out many of the tax incentives which were initially provided to the foreign firms. C. Emphasizing the quantity of investments of inbound FDI. D. Engaging in "bidding wars" with other countries to attract foreign direct investment (FDI).
According to the text, the highest 20 percent of U.S. income households earn about what percentage of total income today?
A. 50 percent B. 10 percent C. 25 percent D. 95 percent
The economic burden of World War II for the United States was primarily:
A. Shifted to future generations by bond financing B. Borne by the persons who lived during the war period C. Shifted to foreign nations who were defeated during the war D. Borne by the industries which produced military products during the war