A nation's balance of payments can be affected by A. the country's population increases relative to other nations' populations. B. the country's inflation rate relative to other nations' inflation rates. C. per capita GDP relative to other nations' per capita GDP. D. none of the above.

A nation's balance of payments can be affected by A. the country's population increases relative to other nations' populations. B. the country's inflation rate relative to other nations' inflation rates. C. per capita GDP relative to other nations' per capita GDP. D. none of the above.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

A nation's balance of payments can be affected by
A. the country's population increases relative to other nations' populations.
B. the country's inflation rate relative to other nations' inflation rates.
C. per capita GDP relative to other nations' per capita GDP.
D. none of the above.

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