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 218 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


isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

For a complete list of videos, visit our video library