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Author Question: If the current account balance is -450 billion, the capital and financial account balance is 440 ... (Read 85 times)

colton

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If the current account balance is -450 billion, the capital and financial account balance is 440 billion, then the official settlements balance is
 
  A) 890 billion.
  B) 0 because it is always zero.
  C) 10 billion.
  D) -890 billion.
  E) -10 billion.

Question 2

A rise in the real interest rate ________ consumption expenditure and ________.
 
  A) decreases; shifts the consumption function downward
  B) decreases; results in a movement downward along the consumption function
  C) decreases; shifts the consumption function upward
  D) increases; shifts the consumption function upward
  E) increases; shifts the consumption function downward



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dyrone

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Answer to Question 1

C

Answer to Question 2

A




colton

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Chelseyj.hasty

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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