Looking at the U.S. balance of payments from 1980 to 2012, we see that the
A) official settlements account was large in the 1980s relative to the current account.
B) capital and financial account has been negative for most years and was small in the late 1980s and early 1990s.
C) current account has been negative for most years and was small in the late 1980s and early 1990s.
D) current account was positive until 1992 then turned negative.
E) current account was negative until 1992 then turned positive.
C
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If the dollar falls in value compared to other currencies, what will happen in the United States?
A. A decrease in aggregate demand B. An increase in aggregate supply C. A decrease in aggregate supply D. A decrease in the U.S. price level
Other things the same, continued losses in technological ability and continued decreases in the money supply would unambiguously lead to
a) neither declining prices nor declining real GDP. b) declining real GDP only. c) declining prices only. d) declining prices and declining real GDP.
Why would a landlord most likely give a tenant an incentive to leave a rent-controlled apartment?
a. to attract tenants will lower incomes b. to remodel the apartment and list it at a higher rent c. to provide the tenant with start-up money for a business d. to repair the apartment so it will pass the government code
When the Federal Reserve began paying interest on excess reserves, the effect on monetary policy was
A. making open market operations less effective. B. adding a new tool to monetary policy. C. reducing the effect of a change in reserve requirements. D. eliminated the need for the Federal Funds Market.