Lending abroad represents:
A. positive net savings.
B. a capital outflow.
C. a capital inflow.
D. none of the above.
Answer : B. a capital outflow.
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In the short run, changes in output can only be brought about by a change in the quantity of variable inputs
Indicate whether the statement is true or false
Using statistical models to estimate the maximum losses a portfolio's value is likely to sustain over a particular time period is called:
A) gap analysis B) duration analysis C) value-at-risk approach D) credit-risk analysis
Aggregate demand and supply curves have been widely used to analyze the performance of the macroeconomy. Figure 5-3 shows four diagrams that represent different changes in the macroeconomy. Choose the diagram that best represents the situations described in the following questions.Figure 5-3
Which graph in Figure 5-3 best represents the supply-side shock of the 1970s oil crisis?
A. 1 B. 2 C. 3 D. 4
Changes in the price level will not shift the consumption function
a. true b. false