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
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
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd603223c-fdf8-49b1-85a9-ebfaf493932c%2Fafda4790-40c4-41f7-a966-baccc47d9eba%2F1vfjlyq_processed.png&w=3840&q=75)
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd603223c-fdf8-49b1-85a9-ebfaf493932c%2Fafda4790-40c4-41f7-a966-baccc47d9eba%2Fz7ysipl7f_processed.png&w=3840&q=75)
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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