From the point of view of a particular country, capital inflows are:
A. purchases of foreign goods or services by domestic households or firms.
B. purchases of domestic assets by foreigners.
C. purchases of foreign assets by domestic households or firms.
D. purchases of domestic goods or services by foreigners.
Answer: B
Economics
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The NBER's Business Cycle Dating Committee defines a recession as at least two consecutive quarters of falling real GDP
Indicate whether the statement is true or false
Economics
A Social Security system in which payroll taxes that workers and their employers pay in go directly to retirees and other beneficiaries is known as
A) a pay-as-you-go system. B) an individual-account system. C) a primary-deficit system. D) a social-lockbox system.
Economics