A decrease in capital outflows from the United States will

A) decrease the balance on the current account. B) decrease the balance on the financial account.
C) increase the balance on the financial account. D) increase the balance on the capital account.

C

Economics

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If households come to believe that permanent income has not changed ________

A) the impact of a change in taxes on spending will be limited B) they will consume on the basis of their current income C) their life-cycle will be affected D) the impact of a given change in taxes on spending will be enhanced

Economics

The difference between a capital good and a consumer good depends on

a. the purpose for which it is used. b. how it was produced. c. when it was produced. d. how quickly it is used up.

Economics