Capital outflows in the balance of payments accounts include

a. purchases of financial assets by U.S. residents.
b. direct investments in foreign countries.
c. indirect investments in foreign countries.
d. purchases of U.S. real estate by foreigners.
e. all of the above

E

Economics

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Empirical evidence shows that the impact of government budget deficits and surpluses on the equilibrium interest rate is quite large

Indicate whether the statement is true or false

Economics

The minimum wage, if it is binding, raises the incomes of

a. no workers. b. only those workers who cannot find jobs. c. only those workers whose jobs would pay less than the minimum wage if it didn't exist. d. all workers.

Economics