The account that records the receipts from the exports of goods and services sold abroad, the payments for imports of goods and services from abroad, net interest income paid abroad, and net transfers is the ________
A) current account
B) official settlements account
C) international capital account
D) capital and financial account
A
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According to the monetarist view, the
a. IS schedule is quite flat; hence, reflecting a high interest elasticity of aggregate demand. b. IS schedule is quite steep; hence, reflecting a high interest elasticity of aggregate demand. c. LM schedule is quite flat; hence, reflecting a high interest elasticity of money demand. d. IS schedule is almost vertical; hence, reflecting a very low interest elasticity of money demand.
_____________ is (are) the key factor in explaining the decline in death rates in the U.S. in the late 19th and early 20th century
a. Improved sanitation b. Improved medical treatments c. Urbanization d. A more varied and nutritious diet
If you gave your friend a gift of a corporate bond, such as a $100 General Motors bond, your friend would have a gift of
a. M1 money b. M2 and fiat money c. specie d. near money e. not money
The "independence of irrelevant alternatives" criterion is also known as the:
A. third-party problem. B. swing-vote problem. C. majority options problem. D. misalignment problem.