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Author Question: The business cycle describes A) the change in the standard of living across countries. B) the ... (Read 68 times)

JGIBBSON

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The business cycle describes
 
  A) the change in the standard of living across countries.
  B) the change in potential GDP over time.
  C) the behavior of real GDP over time.
  D) the behavior of nominal GDP over time.
  E) the behavior of GNP over time.

Question 2

Toyota purchases a truck factory in San Antonio, Texas. This purchase is entered into which of the balance of payment accounts?
 
  A) capital and financial account
  B) current account
  C) foreign account
  D) official settlements account
  E) trade account



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iman

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Answer to Question 1

C

Answer to Question 2

A




JGIBBSON

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


ghepp

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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