Other things the same, if the real interest rate in a country falls, domestic residents will desire to purchase
a. more capital goods and more foreign bonds.
b. more capital goods but fewer foreign bonds.
c. more foreign bonds but fewer capital goods.
d. fewer capital goods and fewer foreign bonds.
a
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Which of the following is NOT part of the FOMC directive?
A) It lays out the FOMC's general economic objectives. B) It specifies target ranges for money supply growth. C) It establishes short-term federal funds rate objectives. D) It specifies who the chair of the Fed is.
Answer the question on the basis of the following data. All figures are in billions of dollars. Proprietor's Income 20 Compensation of Employees 300 Consumption of Fixed Capital 15 Gross Investment 80 Rents 10 Interests 20 Exports 30 Imports 50 Corporate Profits 25 Taxes on Production and Imports 5 Net Foreign Factor Income 0 Statistical Discrepancy 0 Refer to the above data. Gross domestic product is:
a) $395. b) $380. c) $375. d) $360.