A trade deficit can be financed by all of the following except
a. a surplus in the capital account.
b. a surplus in the official reserves transaction account.
c. selling U.S. assets to foreigners.
d. U.S. citizens buying foreign stocks and bonds.
Question 2
Evidence in favor the Keynesian model would be that:
a. investment is not sensitive to changes in tax rates.
b. labor supply is inelastic.
c. the aggregate price level is positively correlated with income.
d. all of the above.
e. none of the above.
Ivory trade in East Africa during the 1880s and 1890s
Colonial Trade with England, 1700–1774
This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f
Annual Federal Deficit (or Surplus), 1992–2016
Santiago Calatrava, Port Authority Trans Hudson (PATH) station, World Trade Center site.
Symptoms That May Lead to a Diagnosis of Attention Deficit/Hyperactivity Disorder