Author Question: A country's balance of payments accounts records A) only the goods and services purchases among ... (Read 105 times)

BRWH · **on:** Jun 29, 2018

A country's balance of payments accounts records

A) only the goods and services purchases among countries over a period of time.
B) the international trading, borrowing, and lending positions of a country over a period of time.
C) the flow of human and non-human capital among countries over a period of time.
D) only official transactions between governments over a period of time.

Question 2

In the figure above, moving from point B to point D

A) has an opportunity cost of one ton of butter per month.
B) has an opportunity cost of one ton of guns per month.
C) requires an increase in technology.
D) is impossible.