A lending of a country's savings that occurs when the country has a trade deficit and its citizens purchase real and financial assets from abroad is called a capital inflow

If a nation's central bank increased domestic interest rates, the nation's exchange rate would change if the country's exchange rate was a

A) a flexible exchange rate. B) a fixed exchange rate. C) a crawling peg. D) a nominally fixed exchange rate.

Compared to 1929, total output in the U.S. in 2016 was approximately ________ times larger.

A. 5 B. 15 C. 2 D. 25