Which of the Following Is Correct

question 53

Multiple Choice

Which of the following is correct?

• A)capital flight from the United States decreases net capital outflow
• B)an increase in the government budget deficit creates no change in net capital outflow
• C)if the U.S.imposes a restriction on imports,net capital outflow increases
• D)None of the above is correct.

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Definitions:

Karl Marx

A German philosopher, economist, and revolutionary socialist best known for his works on capitalism and communism, including the Communist Manifesto.

Max Weber

Max Weber was a German sociologist, philosopher, and political economist whose works on bureaucracy, social stratification, and the sociology of religion are foundational to modern sociology.

Capitalism

An economic system characterized by private ownership of the means of production and the creation of goods or services for profit.

Revolution

Describes a fundamental and relatively rapid change in political power or organizational structures that takes place in a relatively short period of time.