Which of the following is not included as "net income" in the U.S. balance of payments?
a. Income paid by a U.S. company to foreign consultants.
b. Profits earned by U.S. companies from foreign operations.
c. Foreign dividends received by U.S. residents.
d. Profits earned by U.S. companies from foreign operations and reinvested abroad.
e. All the above are includedas net income in the U.S. balance of payments.
.E
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The M1 money supply
A) is calculated by subtracting M2 from GDP. B) does not include checking account deposits. C) is the narrowest measure of the nation's money supply. D) does not include travelers' checks.
The unemployment rate equals the number of unemployed divided by the ________, all times 100
A) labor force B) total population C) number of employed D) working-age population
In both monopolistically competitive and perfectly competitive industries
A) firms produce products for which there are no close substitutes. B) firms are price takers. C) there are high barriers to entry. D) there are many buyers and sellers.
The difference between a Euroloan interest rate and Eurodeposit interest rate is called
A) net interest rate. B) the forward premium. C) net profit rate. D) the spread.