Capital inflows 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. government bonds by foreigners.
D
Economics
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The desired reserve ratio is 10 percent and banks have no excess reserves. Juliet deposits $300 in her bank. What is the maximum that Juliet's bank can now loan?
A) $3,000 B) $270 C) $30 D) $330 E) $300
Economics
A person's stock of skills to produce economic value is referred to as:
A) fixed capital. B) human capital. C) personal wealth. D) personal capital.
Economics