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Chapter 10 Random
Question 1 1 / 1 point
In the United States, which of the following government institutions would most likely provide economists with the basic data for merchandise trade?
Question options:
a)
Department of the Treasury
b)
Census Bureau
c)
Bureau of Economic Analysis
d)
Department of Commerce
Question 2 1 / 1 point
A country’s current national savings and investment identity is expressed in algebraic terms as I – S – (T – G) = (M – X). Assume that the level of domestic savings rises, while the level of domestic investment and private saving remains unchanged. In this instance:
Question options:
a)
all of the above
b)
less foreign financial capital is required to meet investment needs.
c)
government policy will involve increasing private savings.
d)
the country’s trade deficit will decline.
Question 3 0 / 1 point
When some countries increase their imports as a result of worldwide economic growth, other countries must be increasing their:
Question options:
a)
exports as demand in all countries substantially rises.
b)
trade deficits since all of their imports significantly rise.
c)
imports, but their trade deficits gradually decrease.
d)
trade surplus since all of their exports gradually rise.
Question 4 1 / 1 point
One of the following must be used as a starting point in order to perform an analysis that will determine what the connections between imbalances of trade in goods and services and the flows of international financial capital are. Which one is it?
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