If a Country Has a Negative Net Capital Outflow,then

question 138

Multiple Choice

If a country has a negative net capital outflow,then

• A)on net it is purchasing assets from abroad.This adds to its demand for domestically generated loanable funds.
• B)on net it is purchasing assets from abroad.This subtracts from its demand for domestically generated loanable funds.
• C)on net other countries are purchasing assets from it.This adds to its demand for domestically generated loanable funds.
• D)on net other countries are purchasing assets from it.This subtracts from its demand for domestically generated loanable funds.

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Definitions:

13th Amendment

Amendment to the United States Constitution, ratified in 1865, which abolished slavery and involuntary servitude, except as punishment for a crime.

Emancipation

The act of being freed from restraint, bondage, or slavery, often used in the context of the abolition of slavery in the United States.

President Johnson

Lyndon B. Johnson, the 36th President of the United States, who served from 1963 to 1969, notable for his domestic policies and involvement in the Vietnam War.

Reconstruction

The period after the American Civil War (1865-1877) during which the United States attempted to redress the inequities of slavery and its political, social, and economic legacy.