Which statement is false?
A. Foreigners have reinvested most of the dollars they have earned trading with us in U.S. government and corporate securities, real estate, and direct investment in plant and equipment.
B. Until the early 1980s Americans were investing much more in foreign countries than foreigners were in the United States.
C. Our capital and current accounts add up to zero.
D. None of these statements are false.
D. None of these statements are false.
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Import quotas on sugar result in lower sugar prices in the United States
a. True b. False
Economists study poverty and income inequality to answer which of the following questions?
a. What are people's wages? b. How does labor-force experience affect wages? c. How much inequality is there in society? d. How do people adjust their behavior due to taxation?
In the graph showing an increase in aggregate demand, moving from point A to point B indicates ______ of aggregate demand.
a. prices will decrease
b. prices will increase
c. RGDP will decrease
d. unemployment will increase
The firm's short-run costs contain
A. only fixed costs. B. both variable and fixed costs. C. only variable costs. D. only opportunity costs.