Mr. O'Halloran
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Quiz on Untitled, created by Mr. O'Halloran on 04/10/2014.

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Mr. O'Halloran
Created by Mr. O'Halloran about 10 years ago
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Question 1 of 2

1

What is economic growth

Select one of the following:

  • A change in the productive capacity of an economy.

  • An increase in the market value of goods and services produced in an economy.

  • An increase in the nominal GDP of an economy.

Explanation

Question 2 of 2

1

Which of the following correctly describes a net foreign liability?

Select one of the following:

  • Foreign debt plus foreign equity.

  • Foreign assets plus foreign stock.

  • None of the above.

Explanation