« previous next »

Author Question: Capital deepening causes ________ in the demand for labor. A) a decrease B) an increase C) no ... (Read 87 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
Capital deepening causes ________ in the demand for labor.
 
  A) a decrease B) an increase
  C) no change D) either an increase or decrease

Question 2

Newland's net exports for a certain year equal -2.2 billion, net factor payments from abroad equal 1.3 billion, and net transfers from abroad equal 0.5 billion. What will be the balance in Newland's financial account for the year?
 
  What will be an ideal response?


Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

The financial account is defined as the increase in domestic assets held by foreigners minus the increase in foreign assets held domestically. The financial account is just the accounting system that records the asset purchases that domestic residents and foreigners make. The financial account is defined so that the net flows in the financial account offset the net flows in the current account, or (Current Account) + (Financial Account) = 0. Current account = Net exports + Net factor payments from abroad + Net Transfers from abroad. Therefore, Newland's current account balance for the year is -2.2 billion + 1.3 billion + 0.5 billion = - 0.4 billion. Therefore, Newland's financial account balance for the year is 0.4 billion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f This engraving by William Russell Birch shows Congress Hall (left), which was occupied by Congress f
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Capital-Biased Technological Change Capital-Biased Technological Change
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
Video: Endocytosis -Types and Phagocytosis

For a complete list of videos, visit our video library