Which of the following combinations is plausible for a nation's balance of payments? (All numbers in billions.)
A) current account = 10, capital account = 40, official reserve transaction account = 50
B) current account = 40, capital account = 20, official reserve transaction account = -50
C) current account = 50, capital account = -30, official reserve transaction account = 20
D) current account = 30, capital account = -20, official reserve transaction account = -10
D
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Mia wants to buy a book. The economic perspective suggests that Mia will buy the book if the
A. marginal cost of the book is greater than or equal to its marginal benefit. B. marginal cost of the book is affordable for her. C. marginal benefit of the book is greater than zero. D. marginal benefit of the book is greater than or equal to its marginal cost.
In the short run, a firm cannot change the amount of capital it uses. Therefore the cost of capital is a
A) short-run cost. B) variable cost. C) productivity cost. D) fixed cost. E) marginal cost.
A tax on the value of a good or service being purchased is called the:
A. sales tax. B. payroll tax. C. personal income tax. D. excise tax.
An organization chart reveals all the formal and informal alliances between the various levels and departments within the organization
Indicate whether the statement is true or false