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

Author Question: The ________ always equals zero. A) sum of capital and financial account plus official ... (Read 28 times)

mmm

  • Hero Member
  • *****
  • Posts: 558
The ________ always equals zero.
 
  A) sum of capital and financial account plus official settlements account
  B) sum of current account plus capital and financial account
  C) sum of current account plus official settlements account
  D) sum of current account plus capital and financial account plus official settlements account
  E) official settlements account

Question 2

Instead of taking the dirty laundry with you when you go back to visit your parents, you use a Laundromat. Your use of the Laundromat means that
 
  A) GDP will remain the same.
  B) GDP will decrease and the country's standard of living will fall.
  C) what you paid for use of the Laundromat will be included in GDP.
  D) real GDP does not change because the clothes are still being laundered but nominal GDP rises since you are now paying for the service.
  E) your parents' contribution to GDP will increase.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

D

Answer to Question 2

C




mmm

  • Member
  • Posts: 558
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library