Which of the following is not considered as a unilateral transfer?
a. income earned from foreign investments
b. foreign aid
c. personal gifts to friends or family abroad
d. institutional charitable donations
e. government transfers to foreign residents
A
Economics
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Keynes (1941) claimed that government spending during wartime could generate a healthy increase in the demand for output, thus raising employment levels and boosting incomes
To avoid inflation, physical rationing, monetary measures and other controls were consequently needed. Indicate whether the statement is true or false
Economics
In the real world, most economic systems are:
a. market economies. b. command economies c. mixed economies. d. traditional economies.
Economics