Which of the following is NOT part of the current account?
A) Dividends received on a foreign investment
B) Purchase of a plane ticket on a foreign airline
C) Shipment of food aid to a poor country
D) Purchase of a foreign bond
E) All of the above.
D
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In game theory, a Nash equilibrium is defined as:
A) the dominant strategy of each player. B) a set of strategies for which all players are choosing their best strategy, given the actions of the other players. C) the set of strategies that result in the maximum payoff to each player. D) the set of strategies chosen when the players in a game can cooperate with each other.
If the boat industry produced $20 billion worth of boats, but $50 billion worth of boats were sold to consumers, the decrease in inventory would lead to
a. an increase in the nation's capital b. more individuals investing in the automobile market c. a decrease in the nation's capital stock d. fewer individuals buying cars e. an overestimation of boat production
Since 1970, union membership, as a percent of the labor force,
a. has remained virtually unchanged. b. has increased, as more government workers have decided to unionize. c. has decreased. d. has gone through wild swings both up and down.
One of the challenges for modern scholars, policy makers, and citizens concerning international politics is discerning
a. the positive from the negative aspects of democracy. b. changes in patterns of global inequality. c. what represents a state and what represents an individual. d. what represents change and what represents continuity.