If net interest and net transfers are 0, and a nation's purchases ...

[strangeaffliction]

If net interest and net transfers are 0, and a nation's purchases of foreign goods and services are 3.5 billion while its sales of goods and services to foreigners are 4.5 billion
 
  A) it has a 1 billion surplus in its balance of payments.
  B) it has a 1 billion deficit in its current account.
  C) it has a 1 billion surplus in its current account.
  D) its capital and financial account shows a surplus.

Question 2

An increase in the nominal interest rate creates a ________ the money demand curve, and an increase in real GDP creates a ________ the money demand curve.
 
  A) movement down along; leftward shift of
  B) rightward shift of; movement up along
  C) movement up along; rightward shift of
  D) leftward shift of; rightward shift of

[xoxo123]

Answer to Question 1

C

Answer to Question 2

C

[strangeaffliction]

Thanks for the timely response, appreciate it

[pangili4]

Excellent