If the current account balance is -450 billion, the capital and ...

[colton]

If the current account balance is -450 billion, the capital and financial account balance is 440 billion, then the official settlements balance is
 
  A) 890 billion.
  B) 0 because it is always zero.
  C) 10 billion.
  D) -890 billion.
  E) -10 billion.

Question 2

A rise in the real interest rate ________ consumption expenditure and ________.
 
  A) decreases; shifts the consumption function downward
  B) decreases; results in a movement downward along the consumption function
  C) decreases; shifts the consumption function upward
  D) increases; shifts the consumption function upward
  E) increases; shifts the consumption function downward

[dyrone]

Answer to Question 1

C

Answer to Question 2

A

[colton]

Thanks for the timely response, appreciate it

[sailorcrescent]

Excellent