Author Question: Which of the following would decrease the balance on the current account? A) a decrease in ... (Read 29 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
Which of the following would decrease the balance on the current account?
 
  A) a decrease in imports
  B) a decrease in foreign direct investment
  C) a decrease in the amount of aid money the government sends abroad
  D) None of the above will decrease the balance on the current account.

Question 2

Using an example, explain the difference between a labor-intensive technology and a capital-intensive technology.
 
  What will be an ideal response?



ricroger

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

D

Answer to Question 2

The examples will vary, but students should describe a production process which involves using a large amount of labor with only a few tools or machines and a production process that uses a large number of machines with a small amount of labor.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

For a complete list of videos, visit our video library