A country's financial account balance decreases if
A. foreigners increase their purchases of its existing assets.
B. its current account balance increases.
C. its income payment inflows on foreign assets decrease.
D. its domestic residents working abroad reduce the income they send home to their families.
Answer: B
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The gross domestic product of Richland during a particular year was $672,500
If the expenditure on consumption during that year was $220,000, the expenditure on investment was $250,000, the expenditure incurred by the government was $100,000, and exports was $182,000, calculate the value of imports. A) $40,000 B) $79,500 C) $100,750 D) $21,500
What is the distinction between the price of capital equipment and the rental rate of capital?
What will be an ideal response?
Which of the following is a similarity between a bank loan and a bond? a. Only large business houses can raise funds from these two methods
b. Only small business houses can raise funds from these two methods. c. Funds raised from both methods have a fixed tenure for repayment. d. Interest is required to be paid on the funds raised from both bonds and bank loans.
An expenditure schedule shows the relationship between GDP and total output.
Answer the following statement true (T) or false (F)