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Author Question: You travel to Paris and pay for a 100 dinner with your credit card. How is this accounted for in the ... (Read 93 times)

bcretired

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on: Jun 30, 2018
You travel to Paris and pay for a 100 dinner with your credit card. How is this accounted for in the balance of payments?
 
  A) current account, French service import
  B) current account, U.S. good export
  C) financial account, U.S. asset export
  D) financial account, U.S. asset import
  E) financial account, French asset export

Question 2

A change in the level of the supply of money
 
  A) increases the long-run values of the interest rate and real output.
  B) decreases the long-run values of the interest rate and real output.
  C) has no effect on the long-run values of the interest rate, but may affect real output.
  D) has no effect on the long-run values of real output, but may affect the interest rate.
  E) has no effect on the long-run values of the interest rate and real output.


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cam1229

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

E


bcretired

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Reply #2 on: Jun 30, 2018
Thank you :)


cam1229

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Reply #3 on: Jun 30, 2018
Happy to help you


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