Which of the following is not included in Nation A's financial account?
a. Nation A's interest earnings from foreign operations.
b. Greenfield investments made by foreigners in Nation A.
c. Foreign purchases of Nation A's Treasury bills.
d. All the above are included.
.A
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In the short run, the price level is determined primarily by the supply of goods
Indicate whether the statement is true or false
When outcomes are uncertain
A) people always look for the sure thing. B) people are willing to pay risk premiums. C) people often need to be paid a risk premium before they take a certain course. D) none of these choices.
The real wage rate is defined as the wage rate divided by
A. the interest rate. B. the money supply. C. nominal GDP. D. the price level.
Which of the following is not an obstacle to development?
A. Overpopulation B. Excessive investment C. Political instability D. Corruption