This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How do the capital account and the current account differ? What will be an ideal ... (Read 56 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jun 29, 2018
How do the capital account and the current account differ?
 
  What will be an ideal response?

Question 2

Bobby spends 100 per month on pizza and CDs. His utility from these goods is shown in the table above. The price of a pizza is 10 and the price of a CD is 20. If Bobby maximizes utility from these goods, his total utility is ________ units.
 
  A) 705
  B) 750
  C) 770
  D) 880


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 29, 2018
Answer to Question 1

The current account and the capital account differ in what is recorded in each. The current account records exports, imports, net interest, and net transfers. The capital account records foreign investment in the United States and U.S. investment abroad.

Answer to Question 2

C


theo

  • Hero Member
  • *****
  • Posts: 698
Reply #2 on: Jun 29, 2018
Correct answers!


uniquea123

  • Sr. Member
  • ****
  • Posts: 311
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Territory sizes differ among animals. Territory sizes differ among animals.
Past and current ranges of the grizzly bear. Past and current ranges of the grizzly bear.
Current Positions of Known Dwarf Planets and SSSBs in the Outer Solar System Current Positions of Known Dwarf Planets and SSSBs in the Outer Solar System
When the exhaust is lean, the PCM applies a positive current into the pump cell. When the exhaust is lean, the PCM applies a positive current into the pump cell.
North Atlantic Current North Atlantic Current
Share of Human Capital in Wages in Advanced Countries Share of Human Capital in Wages in Advanced Countries
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library