A country's balance of payments accounts records its A) ...

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A country's balance of payments accounts records its
 
  A) international exports and imports and nothing else.
  B) international trading, borrowing, and lending.
  C) tax receipts and expenditures.
  D) tariffs and nontariff revenue and government purchases.
  E) tariff receipts and what it pays in tariffs to other nations.

Question 2

If aggregate planned expenditure equals GDP, then
 
  A) firms' inventories exceed planned inventories.
  B) firms' inventories equal planned inventories.
  C) firms' inventories are less than planned inventories.
  D) firms' actual investment has no relationship to their planned investment.
  E) firms do not have any inventories.

[duy1981999]

Answer to Question 1

B

Answer to Question 2

B

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Excellent

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