If the U.S. capital and financial account balance has a $30 million surplus and there was no change in official reserves during that year, we know that
A) the United States has a $30 million current account deficit.
B) U.S. official reserves have increased by $30 million.
C) the United States is a net lender.
D) U.S. net foreign lending must equal $30 million.
E) the United States has a $30 million current account surplus.
A
You might also like to view...
What is the opportunity cost of going from point E to point D?
Use the figure below to answer the following question.If the output level is Q1, then there is missing surplus indicated by the area
A. 0abe. B. ecf. C. 0eQ1. D. bce.
What variables cause the short-run aggregate supply curve to shift? For each variable, identify whether an increase in that variable will cause the short-run aggregate supply curve to shift to the right or to the left
What will be an ideal response?
A demand curve for flowers would show the
a. number of flowers the floral shop is willing to sell at various prices. b. number of people who need flowers. c. quantity of people who want to buy these flowers. d. number of flowers that will be purchased at various prices.