« previous next »

Author Question: The value of imports and exports is recorded in A) official settlements account. B) current ... (Read 54 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
The value of imports and exports is recorded in
 
  A) official settlements account.
  B) current account.
  C) international trade account.
  D) capital and financial account.
  E) official reserves account.

Question 2

Suppose an economy has a balanced federal budget, and a favorable supply shock hits the economy. Tax revenues will ________ and expenditures on transfer payments will ________, resulting in a budget ________.
 
  A) fall; fall; deficit B) increase; fall; surplus
  C) fall; increase; deficit D) increase; increase; surplus
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Enzymatic features of DNA polymerase that account for its inability to copy one of the DNA strands a Enzymatic features of DNA polymerase that account for its inability to copy one of the DNA strands a
A typical waveform of a TP sensor signal as recorded on a DSO when the accelerator pedal was ... A typical waveform of a TP sensor signal as recorded on a DSO when the accelerator pedal was ...
Tim McGraw - Humble And Kind (Official Video) Tim McGraw - Humble And Kind (Official Video)
CUT_ - Out Of Touch (Official Audio) CUT_ - Out Of Touch (Official Audio)
Find the voltage, current and power for each resistor in the circuit below Find the voltage, current and power for each resistor in the circuit below
Cubicolor - Wake Me Up (Official 4K Visualiser) Cubicolor - Wake Me Up (Official 4K Visualiser)
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library