If Wes in Wisconsin Buys $200 Worth of Stock in Toshiba

question 33

Multiple Choice

If Wes in Wisconsin buys $200 worth of stock in Toshiba, and the Japanese use the $200 to buy a wheel of cheese from Wes, then the U.S. net exports:

• A) and net capital outflow are both zero.
• B) and net capital outflow both equal $200.
• C) is zero and net capital outflow is $200.
• D) equals $200 and net capital outflow is zero.

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Definitions:

Rule of Five

A statistical rule of thumb asserting that if a sample size is large enough (n>30), the sample means will be normally distributed.

Chi-squared Goodness-of-fit Test

A statistical test used to determine how well an observed distribution fits an expected distribution across different categories.

Cable Company

A cable company is a type of telecommunications company that delivers television programming and sometimes internet services to consumers via coaxial or fiber-optic cables.

Instructions

Directives or commands that are followed to achieve a particular end, often detailed steps on how to complete a task or operate something.