Which of the following transactions would not be included in the current account of the home country?
A. A foreign student pays tuition to a university in the home country.
B. A consumer good is imported into the home country.
C. A home country resident receives income on his or her foreign assets.
D. A home country resident makes a deposit in a foreign bank.
Answer: D
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What will be an ideal response?
The greater domestic money supply fluctuations are, the less likely that we observe a pegged exchange rate regime
Indicate whether the statement is true or false
When a firm hires an additional unit of labor, the increase in a firm's total revenues is known as the marginal:
a. cost. b. product. c. utility product. d. revenue product.
If no one can be excluded from consuming its benefits and there is no rivalry in consumption, then the good is a ________ good.
A. free B. public C. private D. Pareto