Which of the following would be recorded as a U.S. merchandise export?
a. An American tourist spends 10,000 francs on vacation in the south of France.
b. A machine shop in Ohio purchases a grinder made in Italy.
c. An American receives a $50 dividend check on stock she owns in a business in Germany
d. The U.S. government subsidizes American farmers for planting corn for export.
e. France purchases a new jet fighter aircraft from the Boeing Company in the United States.
E
Economics
You might also like to view...
If the Phillips curve aids in forecasting inflation then
A) forecast errors from an alternative forecasting procedure should not be correlated with output fluctuations. B) there should be no correlation between forecast errors from an alternative forecasting procedure and output fluctuations. C) the Phillips curve is upward-sloping. D) the Phillips curve is downward-sloping.
Economics
In practice, turning horizontal and vertical equity into tax law
a. hasn't been tried. b. has been fairly easy. c. is resisted by nearly all taxpayers. d. has been extremely difficult.
Economics