Among the impediments to the international mobility of capital are
A. restrictions on foreign ownership.
B. fear of nationalization or political instability.
C. fluctuations in exchange rates.
D. All of the above are correct.
Answer: D
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Gross Domestic Product in 2017 is more than five times larger than it was in 1960 but it is important to note that
A. none of the growth represented additional output of goods and services. B. this measurement of output fails to account for any of the effects of inflation. C. the population also grew substantially over the same time period. D. available graphs of output are unable to display such growth.
The quantity theory of money can explain hyperinflations but not moderate inflation
a. True b. False Indicate whether the statement is true or false
A deficit ceiling directly limits
A. The trade deficit. B. Inflation. C. The amount of the national debt. D. The amount by which government spending can exceed government revenue.
An example of a good that exhibits a negative network externality is:
A. a wireless internet connection. B. Facebook. C. telephones. D. All of these are examples of goods that create negative network externalities.