Purchases of domestic assets by foreign firms or households is called a:
A. trade deficit.
B. trade surplus.
C. capital outflow.
D. capital inflow.
Answer: D
Economics
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The president of which Federal Reserve Bank is always a voting member of the FOMC? Why?
What will be an ideal response?
Economics
Refer to Figure 9-5. The loss in domestic consumer surplus as a result of the tariff is equal to
A) $5 million. B) $19.875 million. C) $24.875 million. D) $31.125 million.
Economics