Author Question: If the U.S. current account balance is -500 billion and the capital and financial account balance is ... (Read 52 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
If the U.S. current account balance is -500 billion and the capital and financial account balance is +510 billion
 
  A) the U.S. official settlements account balance is 10 billion.
  B) the U.S. government's holdings of foreign currency increases by 10 billion.
  C) foreign investment in the United States is smaller than the U.S. investment abroad.
  D) U.S. exports are greater than U.S. imports.

Question 2

If an increase in the monetary base of 8 billion increases the quantity of money by 64 billion, then the money multiplier is equal to ________.
 
  A) 64 billion
  B) 8
  C) 8 billion
  D) 1/8



hollysheppard095

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library