Author Question: In the balance of payments accounts, changes in U.S. official reserves are recorded in the A) ... (Read 77 times)

lak

  • Hero Member
  • *****
  • Posts: 546
In the balance of payments accounts, changes in U.S. official reserves are recorded in the
 
  A) international currency account.
  B) current account.
  C) international reserves account.
  D) official settlements account.
  E) capital and financial account.

Question 2

A country produces only apples and bananas. Moving from point A to point B along its production possibilities frontier, 5 apples are gained and 4 bananas are forgone. What is the opportunity cost of an apple?
 
  A) 4/5 of a banana
  B) 5/4 of a bananas
  C) 4 bananas
  D) 1 apple
  E) None of the above answers is correct.



moormoney

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The FDA recognizes 118 routes of administration.

For a complete list of videos, visit our video library