Determine which account of the Balance-of-Payments is affected the following transaction: Half of the cost of building the new pier in your country is financed by a foriegn country. Select one: O a. Capital Account - Portfolio Investment O b. Current Account - Transfers O. Current Account - Imports O d. Current Account - Exports O e. Capital Account - Foreign Direct Investment

Principles of Economics 2e
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter21: Unemployment
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Problem 41CTQ: Unemployment rates have been higher in many European countries in recent decades than in the United...
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Determine which account of the Balance-of-Payments is affected the following transaction:
Half of the cost of building the new pier in your country is financed by a foriegn country.
Select one:
O a. Capital Account - Portfolio Investment
O b. Current Account - Transfers
O. Current Account - Imports
O d. Current Account - Exports
O e. Capital Account - Foreign Direct Investment
Transcribed Image Text:Determine which account of the Balance-of-Payments is affected the following transaction: Half of the cost of building the new pier in your country is financed by a foriegn country. Select one: O a. Capital Account - Portfolio Investment O b. Current Account - Transfers O. Current Account - Imports O d. Current Account - Exports O e. Capital Account - Foreign Direct Investment
Suppose that the number of jobs in the fishing industry decreases but the number of jobs in the travel industry
increases. Initially
Select one:
O a. cyclical unemployment increases
O b. frictional unemployment increases
O . the economy remains at full employment
O d. there is a shortage of workers in both sectors
O e.
structural unemployment increases
Transcribed Image Text:Suppose that the number of jobs in the fishing industry decreases but the number of jobs in the travel industry increases. Initially Select one: O a. cyclical unemployment increases O b. frictional unemployment increases O . the economy remains at full employment O d. there is a shortage of workers in both sectors O e. structural unemployment increases
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