« previous next »

Author Question: The balance of payments is in equilibrium when A) the sum of the current account balance and ... (Read 66 times)

Marty

  • Hero Member
  • *****
  • Posts: 553
on: Jun 30, 2018
The balance of payments is in equilibrium when
 
  A) the sum of the current account balance and capital account balance is zero.
  B) net exports are zero.
  C) net foreign investment is zero.
  D) real foreign investment is equal to net exports.

Question 2

Why have poor nations invested so much money in education and health? Evaluate the soundness of these reasons.
 
  What will be an ideal response?


LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

Discussed in the chapter. Education and health improvements will increase labor productivity. Both are essential for sustained growth.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Hydrostatic Equilibrium Hydrostatic Equilibrium
Buildings account for 15% of greenhouse gas emissions Buildings account for 15% of greenhouse gas emissions
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ... Nader makes semi-annual payments of $3000 to pay off his loan. Because of unemployment, he ...
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library