In 2014, China had accumulated $3.8 trillion worth of reserve assets. These $3.8 trillion entered into China's balance of payments in the:
a. Trade balance.
b. Balance on goods and services.
c. Financial Account.
d. The total amount did not enter into China's balance of payments. Only changes enter the balance of payments.
.D
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The above table gives data for the nation of Mojo. At what level of real GDP is the economy at equilibrium expenditure?
A) $3.0 trillion B) $9.0 trillion C) more than $12.0 trillion. D) $6.0 trillion E) $12.0 trillion
Any supplement to consumer spending that increases domestic aggregate output and income is called a leakage
Indicate whether the statement is true or false
What would be the statistical discrepancy for a current account balance of -$85 billion and a capital account balance of $80 billion?
a. -$165 billion b. -$5 billion c. $5 billion d. $165 billion
Refer to the cost table below. Diminishing marginal returns begins to set in with the production of which unit of output?
A. 2
B. 3
C. 4
D. 5