The capital and financial account records
A) the current value of the balance of payments in U.S. dollars.
B) all the purchases and sales of capital goods in the United States.
C) imports and exports of capital goods.
D) transactions involving trade, interest payments, and net transfers.
E) transactions involving foreign investment in the United States and U.S. investment abroad.
E
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As of the end of 1994, which of the countries in our survey had the largest proportion of stock held by individuals?
A) The United Kingdom B) The United States C) Japan D) Germany
The Glass-Steagall Act prevented commercial banks from
A) opening branches in other states unless the bank is part of a bank holding company. B) getting into investment banking. C) selling shares in themselves in the open market. D) issuing commercial paper.