Which of the Following Is Most Likely to Result If

question 139

Multiple Choice

Which of the following is most likely to result if foreigners decide to withdraw the funds that they have loaned to the United States?

• A)U.S.net exports will fall
• B)U.S.net capital outflow will rise
• C)U.S.domestic investment will rise
• D)the dollar will appreciate

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Definitions:

Customer's Ledger

A ledger that contains the individual accounts of customers, showing their transactions and balances.

Accounts Receivable

Funds that clients or customers owe to a company for products or services that have been provided but not yet compensated for.

General Ledger

A comprehensive set of accounts that provides a complete record of all the financial transactions of a business.

Sales Tax

A consumption tax imposed by the government on sales of goods and services, collected by retailers at the point of sale and passed on to the government.