12) The quantity of dollars demanded by foreign nations increases as

A) foreigners purchase more U.S. goods.B) U.S. residents purchase more foreign goods.

C) U.S. exports fall.D) more U.S. residents travel abroad.

13) The Acme Stereo Company had a capital stock of $24 million at the beginning of the year. At the end of the year, the firm had a capital stock of $20 million. Thus its

A) net investment was some amount but we need more information to determine the amount.

B) net investment was -$4 million for the year.

C) gross investment was zero.

D) net investment was $4 million for the year.

14) The term "foreign currency" refers to foreign

I.coins

II.notes

III.bank deposits

A) II onlyB) II and III only

C) I and II onlyD) I, II, and III