If all international factor payment flows are investment income, then net investment income from abroad equals
A) net exports.
B) the current account balance.
C) the trade balance.
D) net income from abroad.
D
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Say that the equilibrium price of natural gas would be $5 per thousand cubic feet, but there is a price floor imposed at $7 per thousand cubic feet. That price floor is then lowered to $5 per thousand cubic feet. As a result, a. the shortage of natural gas will get worse
b. the shortage of natural gas will get less severe. c. the surplus of natural gas will get worse. d. the surplus of natural gas will be eliminated.
Refer to the data. The collective willingness of this society to pay for the second unit of this public good is:
Answer the question on the basis of the following information for a public good. P a and P b are the prices that individuals A and B are willing to pay for the last unit of a public good, rather than do without it. These people are the only two members of society.
A. $2.
B. $4.
C. $6.
D. $8.
The primary assets of credit unions are
A) municipal bonds. B) business loans. C) consumer loans. D) mortgages.
When the economy is at the full employment level of real GDP, expansionary fiscal policy will not increase the economy's total output in the long run
a. True b. False Indicate whether the statement is true or false