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Author Question: The business cycle describes A) the change in the standard of living across countries. B) the ... (Read 17 times)

JGIBBSON

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on: Jun 29, 2018
The business cycle describes
 
  A) the change in the standard of living across countries.
  B) the change in potential GDP over time.
  C) the behavior of real GDP over time.
  D) the behavior of nominal GDP over time.
  E) the behavior of GNP over time.

Question 2

Toyota purchases a truck factory in San Antonio, Texas. This purchase is entered into which of the balance of payment accounts?
 
  A) capital and financial account
  B) current account
  C) foreign account
  D) official settlements account
  E) trade account


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iman

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


JGIBBSON

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

aliotak

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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