A negative value for the U.S. official reserve assets line in the balance of payments accounts means that
A) U.S. residents have sold more gold to foreigners than they bought.
B) U.S. residents bought more gold from foreigners than they sold.
C) the U.S. central bank has increased its holdings of foreign reserve assets.
D) the U.S. central bank has decreased its holdings of foreign reserve assets.
C
Economics
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The change in the quantity of capital from one period to the next is equal to
A) net investment. B) financial investment. C) gross investment. D) wealth. E) depreciation.
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Much of a person's increased productivity can be linked to
A) on-the-job training. B) the prevalent marginal tax rate. C) the price elasticity of demand for the product. D) the income elasticity of demand for the product.
Economics