Author Question: When a country has a negative current account, that country is A) borrowing from the rest of the ... (Read 54 times)

lidoalex

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When a country has a negative current account, that country is
 
  A) borrowing from the rest of the world.
  B) lending to the rest of the world.
  C) running a government budget surplus.
  D) None of the above is correct.

Question 2

If the price level doubles, the
 
  A) nominal demand for money doubles.
  B) nominal demand for money drops by half.
  C) real demand for money drops by half.
  D) real demand for money doubles.



rachel

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Answer to Question 1

A

Answer to Question 2

A



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