Author Question: Which balance of payments account records payments for imports and exports? A) reserves account ... (Read 118 times)

sc00by25 · **on:** Jun 29, 2018

Which balance of payments account records payments for imports and exports?

A) reserves account
B) capital and financial account
C) current account
D) official settlements account
E) trade account

Question 2

If actual aggregate expenditure equals aggregate planned expenditure, then

A) firms obtain the desired change in their inventories.
B) there is never any change in firms' inventories.
C) unplanned inventory changes are negative.
D) actual aggregate expenditure might be greater than, equal to, or less than real GDP.
E) unplanned inventory changes are positive.