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Author Question: The financial account is defined as A) the value of the country's net sales of assets. B) the ... (Read 151 times)

Wadzanai

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The financial account is defined as
 
  A) the value of the country's net sales of assets.
  B) the sum of net exports, net income received from investments abroad, and net transfers abroad.
  C) the sum of gross income received from investments abroad and as net transfers abroad.
  D) net transfers abroad.

Question 2

Suppose that Germany, France, Estonia, and India all have the same production possibilities, illustrated in the figure above. Based on the production points in the figure, which country is most likely to expand its PPF to PPF3?
 
  A) Germany
  B) Estonia
  C) India
  D) France and Germany equally
  E) France



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yuyiding

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Answer to Question 1

A

Answer to Question 2

A





 

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