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Author Question: Which of the following would not be counted in the U.S. BOP current account? a. Helen, an American ... (Read 54 times)

lbcchick

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on: Jun 30, 2018
Which of the following would not be counted in the U.S. BOP current account?
 a. Helen, an American oil engineer, is a paid adviser to Middle Eastern countries in the area of petroleum extraction.
  b. General Motors Corporation owns buildings that are situated in Mexico.
  c. France purchases a new jet fighter aircraft from the Boeing Company in the U.S.
  d. Martha receives a 50 dividend check on stock she owns in a business in Germany.
  e. A wealthy Italian purchases numerous antiques in the United States for his villa.

Question 2

An upward shift in the consumption function, other things being equal, could be caused by households:
 a. becoming optimistic about the state of the economy.
  b. becoming pessimistic about the state of the economy.
  c. expecting future income and wealth to decline.
  d. None of these.


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6ana001

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


lbcchick

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Reply #2 on: Jun 30, 2018
Thank you :)


6ana001

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Reply #3 on: Jun 30, 2018
Happy to help you


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