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 32 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
Excellent


hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library