If the current account balance of a country is positive, the country's international investment position
A) is positive.
B) is zero.
C) is negative.
D) could be positive, negative, or zero.
D
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Beta is
A) is a measure of the overall market's volatility relative to a specific stock. B) is equal to the equity premium. C) a measure of a stocks volatility relative to the market as a whole. D) none of these choices.
The U.S. government counts both cash income and in-kind transfers when determining the poverty rate.
Answer the following statement true (T) or false (F)
Refer to the graphs shown.
The maximum profits that a lazy monopolist whose average total costs are given by the ATC (X-inefficient) curve but who still produces the profit-maximizing quantity might earn is best shown by the area:
A. C + D in graph (2). B. C in graph (2). C. A+ B in graph (1). D. A in graph (1).
A citizen in a developing country with a currency policy of convertibility on the current account could engage in all of the following transactions except:
A. sell foreign currency resulting from the exports of manufactured t-shirts. B. sell foreign currency resulting from the sale of a U.S. treasury bond. C. purchase foreign currency in order to import a BMW. D. purchase foreign currency in order to purchase a U.S. treasury bond.