This topic contains a solution. Click here to go to the answer

Author Question: The above gives some of the balance of payments accounts of the United States in 2020. a) What is ... (Read 27 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
The above gives some of the balance of payments accounts of the United States in 2020.
 
  a) What is the current account balance?
  b) What is the capital account balance?
  c) What is the official settlements account balance?

Question 2

The inflation rate in Venezuela has increased between 2005 and 2010, rising from 14 percent per year to 31 percent per year. At the same time, the growth rate of real GDP fell from 10 percent per year to -2.6 percent per year.
 
  The quantity theory of money A) states that the inflation rate over the period would average 4 percent.
  B) predicts that the velocity of money will decrease over the period.
  C) states that the growth rate of money must have increased over the period.
  D) predicts that nominal GDP will decrease over the period.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asware1

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

a) The current account balance is 200 billion.
b) The capital account balance is -220 billion.
c) The official settlements account balance is 20 billion.

Answer to Question 2

C




jon_i

  • Member
  • Posts: 549
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

For a complete list of videos, visit our video library