Before the South Korean financial crisis, sales by the top five chaebols (family-owned conglomerates) were

A) nearly 50% of GDP.
B) about 10% of GDP.
C) almost 90% of GDP.
D) nearly 25% of GDP.

A

Economics

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An option that can be exercised at any time up to maturity is called

A) a swap. B) a stock option. C) an European option. D) an American option.

Economics

The financial account balance is a nation's:

A. net investment income minus its net transfers. B. exports of goods and services minus its imports of goods and services. C. sale of real and financial assets to people living abroad minus its purchases of real and financial assets from foreigners. D. domestic investment spending minus domestic saving.

Economics