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

Author Question: An official settlements account balance of -5,000 means A) official reserves of foreign currency ... (Read 200 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
An official settlements account balance of -5,000 means
 
  A) official reserves of foreign currency increased by 5,000.
  B) official reserves of foreign currency decreased by 5,000.
  C) the country is exporting more than it is importing.
  D) the country is importing more than it is exporting.

Question 2

When Acme, Inc produces a certain amount of output at least cost, Acme, Inc definitely
 
  A) achieves economic efficiency.
  B) uses more capital than labor.
  C) earns a normal profit.
  D) None of the above is true.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Answer to Question 1

A

Answer to Question 2

A




xroflmao

  • Member
  • Posts: 515
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

For a complete list of videos, visit our video library