________ indicates whether a country is a net borrower from or lender to the rest of the world
A) The basic balance
B) The liquidity balance
C) The capital account
D) The current account
D
You might also like to view...
According to Hayek, a social planner has no hope of matching the efficiency of a competitive pricing system because
a. no social planner can be completely benevolent in his actions. b. a social planner cannot have access to the specialized knowledge of individuals. c. the social planner will be unable to fully monitor the activities of his agents. d. people are selfish and will not be actively altruistic to the social planner.
The real interest rate equals the nominal interest rate ________ the inflation rate
A) times B) minus C) divided by D) plus
In 2010 the unemployment rate in Zimbabwe was 95%
a. True b. False
Long-run equilibrium in a competitive price-searcher market requires that
a. the demand curve intersect the average cost curve. b. the demand curve be tangent to the average cost curve. c. price be equal to marginal cost. d. quantity produced be at the point where average cost is at a minimum.