A trade surplus could be balanced by all of the following except
a. borrowing from domestic citizens.
b. selling domestic assets to foreigners.
c. borrowing from foreigners.
d. selling foreign assets already owned by U.S. citizens to foreigners.
A
You might also like to view...
Based on the lost-income approach, which of the following 30 year old males would most likely be worth the most in terms of the value of his life?
A) Devin, a high-school dropout who works as a barista. B) Antonio, a college graduate who is on permanent disability due to severe diabetes. C) Timothy, a licensed electrician with two years of college. D) Jamal, a CPA with a master's degree in accounting.
The "velocity" of money is
A) the ratio of real GDP to the real money supply. B) the real money supply divided by the real GDP. C) the money supply divided by the price level. D) the money supply multiplied by the price level.
It is often stated that the Japanese firms develop and adapt new technology to manufacturing process twice as fast as U.S. firms. If this is true, ceteris paribus, we would conclude that the
A) depreciation rate of capital does not change, but the user cost of capital increases. B) depreciation rate of capital increases, but the user cost of capital decreases. C) depreciation rate of capital increases, and the user cost of capital increases. D) U.S. interest rate is too high, preventing American manufacturers from adopting new technologies.
If unemployment benefits became more generous it would be likely to _____ frictional unemployment and _____ the natural rate of unemployment:
a. Increase; increase b. Increase; not change c. Not change; increase d. Increase; decrease