Author Question: When a country has a negative current account, that country is A) borrowing from the rest of the ... (Read 116 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
When a country has a negative current account, that country is
 
  A) borrowing from the rest of the world.
  B) lending to the rest of the world.
  C) running a government budget surplus.
  D) None of the above is correct.

Question 2

If the price level doubles, the
 
  A) nominal demand for money doubles.
  B) nominal demand for money drops by half.
  C) real demand for money drops by half.
  D) real demand for money doubles.



rachel

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

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.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

For a complete list of videos, visit our video library