When future labor income falls in a small open economy, it causes the current account to ________ and investment to ________

A) fall; rise
B) rise; remain unchanged
C) fall; remain unchanged
D) rise; rise

B

Economics

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The main losers from inflation are those who

a. have significant assets in real property b. have fixed incomes c. have put their money in foreign banks d. sell products that have a quick turnover e. none of the above

Economics

Mutual funds sell shares to investors and use the funds to

A) purchase Treasury bonds. B) invest in a portfolio of financial assets. C) purchase newly issued shares of a particular company's stock. D) pay dividends.

Economics