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Author Question: Suppose you study abroad in England. When you purchase books and food, these transactions should ... (Read 83 times)

magmichele12

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on: Jun 30, 2018
Suppose you study abroad in England. When you purchase books and food, these transactions should really be recorded as
 
  A) credits to the capital account and debits to the current account.
  B) debits to the capital account and credits to the current account.
  C) debits to the capital account and debits to the current account.
  D) credits to the capital account and credits to the current account.

Question 2

In the two-country model of the Monetary Approach, the spot exchange rate is determined by
 
  A) the relative quantities of money supplied and demanded.
  B) the real money stock in country A vs. country B.
  C) the nominal incomes in the two countries.
  D) the ratio of prices in the economies.


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jxjsniuniu

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

A

Answer to Question 2

A


magmichele12

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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