Most Economists Belief That in the 1980s,a Massive Outflow of Capital

question 66

True/False

Most economists belief that in the 1980s,a massive outflow of capital caused a current account deficit for the United States.

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World's Output

The total production of goods and services by all countries around the globe over a specific time period.

Rules of The Game

Informal and formal institutions, norms, and conventions that shape interactions and decision-making in economic, social, and political environments.

Institutional Elements

Components of a society's system, including laws, regulations, norms, and conventions that shape economic and social interactions.

Property Rights

This term denotes the legal rights to own, use, and dispose of assets. It's a foundational element of market economies, affecting the allocation and use of resources.