Which of the following summarizes the transactions involving the international exchange of goods and services, transfers, military transactions, and other miscellaneous transactions?
A. Capital account
B. Balance of trade
C. Statistical discrepancy
D. Current account
D. Current account
You might also like to view...
Entry causes ____ to increase and a firm's demand curve to ____
A) quantity supplied, fall. B) supply, rise C) supply, fall. D) demand, rise.
Most innovations come from just a few large industries
a. True b. False Indicate whether the statement is true or false
Figure 10-7
Refer to Figure 10-7. Which of the diagrams in Figure 10-7 represents a period of economic growth and inflation?
a.
Panel (A)
b.
Panel (B)
c.
Panel (C)
d.
Panel (D)
Balancing the budget over the business cycle involves running _________ during recession years and _____ during economic booms.
Fill in the blank(s) with the appropriate word(s).