An American retailer sells dollars to obtain euros. It then uses the euros to buy ready-to-assemble furniture from Sweden. These transactions
a. increase U.S. net capital outflow because foreigners obtain U.S. assets.
b. decrease U.S. net capital outflow because foreigners obtain U.S. assets.
c. increase U.S. net capital outflow because the U.S. buys capital goods.
d. decrease U.S. net capital outflow because the U.S. buys capital goods.
b
Economics
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Suppose that Jones builds a new house, then she sells it to Smith, and then Smith sells it to Williams. The total net investment from these transactions is:
A. zero. B. 1 house. C. 2 houses. D. 3 houses.
Economics
In economics, what is the difference between the short run and the long run?
What will be an ideal response?
Economics