An increase in U.S. demand for Japanese made cars (made in Japan) would, other things equal, increase the U.S. financial account surplus

a. true
b. false

Ans: a. true

Economics

You might also like to view...

Market power refers to the ability of a firm to set its product price

Indicate whether the statement is true or false

Economics

The macroeconomic policy planner’s job is made difficult because of

A. inaccurate multiplier estimates. B. timing problems. C. disagreements over potential GDP. D. uncertain forecasts. E. All of the above are correct.

Economics