If sales of Saudi Arabian oil to the rest of the world increase and Saudis use the proceeds to buy foreign goods, which of the following increases?
a. Saudi Arabian net exports but not Saudi Arabian net capital outflow
b. Saudi Arabian net capital outflow but not Saudi Arabian net exports
c. both Saudi Arabian net exports and net capital outflow
d. neither Saudi Arabian net exports nor net capital outflow
d
Economics
You might also like to view...
In the calculation of the cost of going to college, an economist would always include the cost of room and board.
Answer the following statement true (T) or false (F)
Economics
Profit per unit is the difference between
A. total revenue and total cost. B. marginal revenue and marginal cost. C. average revenue and average total cost. D. average revenue and marginal cost.
Economics