Which of the following is a deficit item in the U.S. current account?
A) Toyota builds a new plant in California.
B) Many U.S. residents who previously had not traveled abroad decide to make Mexico a tourist destination.
C) A Saudi Arabian prince builds six new homes in California.
D) Sony buys a new film studio in Florida.
B
You might also like to view...
Shaniq buys only soda and pizza and is buying the amounts that maximize her utility. The marginal utility from a soda is 30 and the price of a soda is $2. The marginal utility from a slice of pizza is also 30. The price of a slice of pizza must be
A) $30. B) $2. C) $1. D) some amount that cannot be calculated without more information.
The duration of a coupon bond increases
A) the longer is the bond's term to maturity. B) when interest rates increase. C) the higher the coupon rate on the bond. D) the higher the bond price.
Intermediation entities include which of the following?
(a) Life and fire insurance companies (b) Stock exchanges (c) Mutual saving banks (d) All of the above
The Celler-Kefauver Act deals primarily with which of the following issues?
a. Price discrimination. b. Exclusive dealing. c. Mergers. d. Deceptive advertising. e. Boards of directors.