We know that among the current account, the capital and financial account, and the official settlements account that the
A) current account plus the capital and financial account equals zero.
B) current account plus the capital and financial account plus the official settlements account must sum to 100.
C) current account is always larger than the capital and financial and official settlements accounts combined.
D) current account plus the capital and financial account plus the official settlements account must sum to zero.
E) current and capital and financial accounts sum to zero while the official settlements account must be greater than zero.
D
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The Fed's quantitative easing is to purchase ________ to affect credit spreads
A) long-term securities B) short-term securities C) both long-term and short-term securities D) private assets
Launching the complicated version would be a mistake for probabilities less than ___?
a. 0.2 b. 0.28 c. 0.30 d. 0.32
The Bureau of :Labor Statistics has been compiling an experimental CPI for the elderly, called CPI-E
a. True b. False
Suppose an economy produces only smart phones. If the price level falls, the value of currency
a. rises, because one unit of currency buys more smart phones. This is called deflation. b. rises, because one unit of currency buys more smart phones. This is called inflation. c. falls, because one unit of currency buys fewer smart phones. This is called deflation. d. falls, because one unit of currency buys fewer smart phones. This is called inflation.