Author Question: All of the following are a current account transaction EXCEPT A) importing services. B) ... (Read 51 times)

CQXA · **on:** Jun 29, 2018

All of the following are a current account transaction EXCEPT

A) importing services.
B) exporting goods.
C) investing abroad.
D) importing goods.

Question 2

Real income equals a household's income

A) in terms of the quantity of goods the household can buy.
B) multiplied by the prices of the goods it buys.
C) divided by the prices of the goods it buys.
D) multiplied by the relative prices of the goods it buys.