Foreign portfolio investment is sometimes called hot money because:
A. it is often invested in the assets which yield the highest returns in the world.
B. earnings often go untaxed by the home government.
C. it can be withdrawn from a country very quickly.
D. it is very difficult to trace.
Answer: C
Economics
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If consumption = $5,000; investment = $800, government purchases = $700, exports = $30, imports = $60, and transfer payments = $340, then _____
a. GDP = $7,400 b. GDP = $7,740 c. GDP = $3,140 d. GDP = $6,470 e. GDP = $6,840
Economics
Government spending is set by the federal authorities in such a way that aggregate supply just equals aggregate spending
a. True b. False Indicate whether the statement is true or false
Economics