Macroeconomic equilibrium is always good, because:
a. It gives the nation a breather and allows it to catch up with itself economically.
b. Because it is the only place where actual demand equals actual supply.
c. Because it is the only place where planned demand equals planned supply.
d. Actually, macroeconomic equilibrium can be either good or bad. It is not always good.
e. All of the above.
Question 2
Which of the following is not included as net income in the U.S. balance of payments?
a. Profits earned by U.S. companies from foreign operations and reinvested abroad.
b. Profits earned by U.S. companies from foreign operations.
c. Foreign dividends received by U.S. residents.
d. U.S. interest paid to foreigners.
e. All the above are includedas net income in the U.S. balance of payments.
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