If net capital flow were zero for a country, then exports would not equal imports
Indicate whether the statement is true or false
FALSE
You might also like to view...
If the asset market is to remain in equilibrium, then if the money supply increases, output is unchanged, the price level is unchanged, and the expected inflation rate is unchanged, then
A) the real interest rate must rise. B) the real interest rate must decline. C) the nominal interest rate must rise. D) the inflation rate must rise.
Suppose the Environmental Protection Agency issues pollution permits in order to limit the quantity of pollution. Under this policy, is the supply of pollution rights perfectly elastic or is it perfectly inelastic?
Which of the following best describes the four sector model?
(a) Y=C-I+G+M-X. (b) Y = C -I - G - X + M. (c) Y = C + I + G + M - X. (d) Y = C + I + G + X - M.
Which of the following affects a person's decision to work?
A. the price of consumption goods relative to the wage B. how much the person enjoys working C. the person's income from nonlabor sources D. the amount of fringe benefits offered to the person E. All of the above affect a person's decision to work.