The purchase of U.S. assets by foreigners is a:
a. capital inflow. b. capital outflow.
c. current account deficit. d. unilateral transfer.
a
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What is meant by inflation targeting? Does the Fed engage in inflation targeting?
What will be an ideal response?
The game in the figure shown is a version of:
This figure shows the payoffs involved when Sarah and Joe work on a school project together for a single grade. They both will enjoy a higher grade when more effort is put into the project, but they also get pleasure from goofing off and not working on the project. The payoffs can be thought of as the utility each would get from the effort they individually put forth and the grade they jointly receive.
A. the prisoner's dilemma.
B. the first-mover advantage.
C. a sequential game.
D. a repeated game.
The export supply curve shows a country's:
a. domestic surplus at various prices below the "no-trade" equilibrium price. b. domestic shortage at various prices below the "no-trade" equilibrium price. c. domestic supply at the "no-trade" equilibrium price. d. domestic surplus at various prices above the "no-trade" equilibrium price. e. domestic shortage at various prices above the "no-trade" equilibrium price.
An expenditure schedule model with no government sector shows the relationship between
a. C and national product. b. C and disposable income. c. C + I and national income. d. GDP and disposable income.