When net capital flows are positive
A) net foreign investment is negative.
B) capital inflows are greater than capital outflows.
C) capital outflows are greater than capital inflows.
D) A and B are both correct.
D
Economics
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If a regulator forced a natural monopolist to set P = MC
A) the monopolist would earn economic profits. B) the monopolist would suffer economic losses. C) the monopolist would break even. D) the monopolist would earn monopolistic profits.
Economics
When people make decisions on the basis of the face value of currency rather than the real value, their decisions reflect
A. The wealth effect of inflation. B. The income effect of inflation. C. Money illusion. D. The price effect of inflation.
Economics