The definition of a country that is called a ________ when its stock of foreign financial assets is greater than the foreign-owned holdings of domestic assets
A) net creditor
B) net debtor
C) surplus nation
D) deficit nation
A
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Compare and contrast hedge funds and mutual funds in terms of the benefits and drawbacks of each
What will be an ideal response?
A cut in the payroll tax will tend to cause, other things the same, ________
A) a change in aggregate demand, with no effect on supply B) a change in both aggregate demand and supply C) a change in aggregate supply, with no effect on demand D) no change in either aggregate demand or supply
Consider a stock with a 50 percent probability of zero net earnings and a 50 percent probability of net earnings equal to $20 per share each year continuously in the future. Furthermore, assume that people are risk averse. That is, they will have to be compensated for uncertainty accompanying variation in their future wealth. If the interest rate were 5 percent, how much would people be willing
to pay for a share of this stock? a. $10 b. $200 c. less than $200 d. more than $200 e. $400
Human capital is
A. the human resources that perform the function of raising capital. B. the value of funds that entrepreneurs obtained from other people. C. what people get from physical capital. D. the accumulation of skills, training and education of workers.