Suppose that more British decide to vacation in the U.S. and that the British purchase more U.S. Treasury bonds. Ignoring how payments are made for these purchases,
a. the first action by itself raises U.S. net exports, the second action by itself raises U.S. net capital outflow.
b. the first action by itself raises U.S. net exports, the second action by itself lowers U.S. net capital outflow.
c. the first action by itself lowers U.S. net exports, the second action by itself raises U.S. net capital outflow.
d. the first action by itself lowers U.S. net exports, the second action by itself lowers U.S. net capital outflow.
b
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If a tax is placed on the production of good X, this will shift the
A. demand curve for X to the left. B. demand curve for X to the right. C. supply curve for X to the left. D. supply curve for X to the right.
Direct investment and security purchases are included in
A) current account items. B) capital account items. C) basic balance account items. D) unilateral transfers.
If the quantity demanded of flashlights is 140,000 and the quantity supplied of flashlights is 80,000, then there is an excess supply of 60,000 flashlights
Indicate whether the statement is true or false
Marcia is a white 23-year-old female, and Joan is a black 23-year-old female. Both Marcia and Joan were economics majors, and they graduated from the same college in the same year with the same GPA. Marcia and Joan both got identical jobs at a brokerage firm after graduating from college. They both work equally hard. Marcia earns $38,000 a year, and Joan earns $30,000 a year. Select the best
explanation for this wage difference. a. Marcia has less human capital than Joan. b. Marcia receives a compensating wage differential that Joan does not. c. Joan has been discriminated against because she is black. d. Marcia has been discriminated against because she is white.