Author Question: The U.S. current account records A) transactions involving foreign investment in the United ... (Read 124 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
The U.S. current account records
 
  A) transactions involving foreign investment in the United States and U.S. investment abroad.
  B) transactions involving trade, interest payments, and net transfers.
  C) U.S. exports but not U.S. imports, which are recorded in the capital account.
  D) the current value of the balance of payments in U.S. dollars.
  E) all the international transactions during the current year.

Question 2

If profits are high because the price level rose,
 
  A) the AS curve shifts leftward.
  B) it is likely the result of an increase in the real wage rate.
  C) business failures rise and the quantity of real GDP supplied increases.
  D) new businesses open and the quantity of real GDP supplied increases.
  E) potential GDP must be decreasing.



Gabe

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

For a complete list of videos, visit our video library