In the balance of payments, all of the following are deficit items EXCEPT
A) imports of merchandise.
B) funds placed in foreign depository institutions.
C) sales of dollars to foreigners.
D) tourism expenditures abroad.
C
Economics
You might also like to view...
The simple spending multiplier understates the amount by which output changes
a. True b. False Indicate whether the statement is true or false
Economics
Suppose that the economy is in a position of short-run equilibrium at a point where real GDP is below the full-employment level. Assuming no further change in aggregate demand and self-correction, the movement to a new long-run equilibrium includes a decrease in which of the following? a. The unemployment rate
b. The price level (CPI). c. The level of nominal wages and salaries. d. All of the above.
Economics