Which of the following identities regarding the balance of payments must be true?
a. Current-Account Balance + Capital Account Balance + Official Reserve Balance = 0
b. Current-Account Balance + Capital Account Balance + Official Reserve Balance = 1
c. Current-Account Balance + Capital Account Balance + Merchandise Imports = 0
d. Current-Account Balance + Capital Account Balance + Net Financial Inflow = 0
A
You might also like to view...
Holding the real money supply constant, an increase in real money demand will reduce interest rates
Indicate whether the statement is true or false
If a cartel firm is producing a quantity at which the marginal revenue is $4 and the marginal cost is $4, the firm ________.
A) is producing less than the agreed upon quantity B) is producing the agreed upon quantity C) has erected a barrier to entry D) has acted in self-interest
Which of the following provides monetary damages in cases of intentional employment discrimination?
a. Equal Pay Act of 1963 b. Civil Rights Act of 1964 c. Civil Rights Act of 1991 d. Fair Labor Standards Act of 1938
If the government wishes to decrease GDP by $2,000b, and the MPC is 0.6, it should:
A. increase its spending by $800b. B. decrease its spending by $800b. C. decrease its spending by $1,200b. D. increase its spending by $1,200b.