When the Fed makes an open market purchase of government bonds, it does so with the intention of decreasing the money supply

Which of the following statements correctly highlights a difference between countries with extractive economic institutions and countries with inclusive economic institutions?

A) Countries with extractive economic institutions typically have better geographical conditions that countries with inclusive economic institutions. B) Countries with extractive economic institutions typically have worse geographical conditions that countries with inclusive economic institutions. C) Entry barriers for new businesses are likely to be lower in countries with extractive economic institutions than in countries with inclusive economic institutions. D) Entry barriers for new businesses are likely to be higher in countries with extractive economic institutions than in countries with inclusive economic institutions.

An increase in perceived risk of foreign assets increased both the financial account surplus and current account deficit in the United States during the late 1990s

Indicate whether the statement is true or false