Debit entries on the Balance of Payments are the entries that would
A) mean a loss of foreign exchange.
B) bring foreign exchange into the country.
C) indicate a surplus exists.
D) exist at the bottom line after all accounts are totaled.
A
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The GDP price index equals ________.
A. gross private domestic investment less the consumption of fixed capital B. nominal GDP divided by real GDP C. gross national product less net foreign factor income earned in the United States D. real GDP divided by nominal GDP
The table above shows the distribution of income in Swacko. The government of Swacko imposes a 20 percent tax on the people with the highest 40 percent of income
The government then distributes 50 percent of the tax collected to the lowest 20 percent and 25 percent to the second 20 percent and the middle 20 percent. Suppose that the before-tax group incomes remain as above. Before and after the distribution, what percentage of national income belongs to the lowest 20 percent? A) 2 percent; 10 percent B) 20 percent; 20 percent C) 5 percent; 25 percent D) 2 percent; 2 percent
To counter the negative effects of the Great Recession, the U.S.
A. induced implosions in deficits through fiscal policies. B. increased the long-term interest rate to 8 percent. C. induced explosions in deficits through fiscal policies. D. reduced the inflation rate to zero.
The United States SRAS curve may shift to the left if we ____________________ Malaysia and the dollar ________________ against the Malaysian ringgit
A) buy raw materials from; appreciates B) buy raw materials from; depreciates C) sell finished goods to; appreciates D) sell finished goods to; depreciates