« previous next »

Author Question: The balance of payments is in equilibrium when A) the sum of the current account balance and ... (Read 96 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?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Concentric double-pipe heat exchanger for co-current flow Concentric double-pipe heat exchanger for co-current flow
The Concept of Water Balance The Concept of Water Balance
Acid–Base Balance Acid–Base Balance
Acid–Base Balance Acid–Base Balance
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Comparing Fluid Balance Comparing Fluid Balance
Video: Inflammation

For a complete list of videos, visit our video library