This topic contains a solution. Click here to go to the answer

Author Question: The above gives some of the balance of payments accounts of the United States in 2020. a) What is ... (Read 29 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
The above gives some of the balance of payments accounts of the United States in 2020.
 
  a) What is the current account balance?
  b) What is the capital account balance?
  c) What is the official settlements account balance?

Question 2

The inflation rate in Venezuela has increased between 2005 and 2010, rising from 14 percent per year to 31 percent per year. At the same time, the growth rate of real GDP fell from 10 percent per year to -2.6 percent per year.
 
  The quantity theory of money A) states that the inflation rate over the period would average 4 percent.
  B) predicts that the velocity of money will decrease over the period.
  C) states that the growth rate of money must have increased over the period.
  D) predicts that nominal GDP will decrease over the period.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asware1

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

a) The current account balance is 200 billion.
b) The capital account balance is -220 billion.
c) The official settlements account balance is 20 billion.

Answer to Question 2

C




jon_i

  • Member
  • Posts: 549
Reply 2 on: Jun 29, 2018
Excellent


kilada

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

For a complete list of videos, visit our video library