The account that records changes in the U.S. government's holdings of foreign currency is the
A) capital and financial account.
B) official settlements account.
C) current account.
D) U.S. official reserves account.
Question 2
In a perfectly competitive market, the price elasticity of demand for the market demand is ________ and the price elasticity of demand for an individual firm's demand is ________.
A) infinite; infinite
B) less than infinite; infinite
C) infinite; less than infinite
D) less than infinite; less than infinite