Real investment spending is ____ real personal consumption.

Real investment spending is ____ real personal consumption.
 a. equal to
  b. greater than
  c. stable compared to
  d. highly volatile compared to

QUESTION 2

Most of the U.S. national debt is owed to ____. Thus a rising national debt implies that there will be a future redistribution of income and wealth in favor of ____.
 a. foreigners; foreigners
  b. other U.S. citizens; bondholders
  c. foreigners; those needing government services
  d. other U.S. citizens; those needing government services

QUESTION 3

Purchases of foreign assets by U.S. residents are tabulated in the U.S. balance of payments as a:
 a. capital inflow. b. capital outflow.
  c. current account outflow. d. unilateral transfer.

QUESTION 4

The investment demand curve shows the amount businesses spend for investment goods at different possible:
 a. price levels.
  b. levels of GDP.
  c. rates of interest.
  d. levels of taxation.

QUESTION 5

External debt is that portion of the national debt:
 a. held by private investors.
  b. held by the Federal Reserve.
  c. that the United States does not intend to repay.
  d. held by foreigners.

QUESTION 6

The purchase of U.S. assets by foreigners is a:
 a. capital inflow. b. capital outflow.
  c. current account deficit. d. unilateral transfer.