According to the text, productivity is driven by all of the following EXCEPT:

Adam Smith describes a visit to a car factory when discussing economies of scale in his book An Inquiry into the Nature and Causes of the Wealth of Nations

a. True b. False Indicate whether the statement is true or false

Gabrielle, an Italian citizen, uses some previously obtained dollars to purchase a bond issued by a U.S. company. This transaction

a. decreases U.S. net capital outflow. b. does not change U.S. net capital outflow. c. increases U.S. net capital outflow by more than the value of the bond. d. increases U.S. net capital outflow by the value of the bond.