Author Question: High-mobility international capital markets exist when: a. Changes in any of the three key ... (Read 129 times)

ap345 · **on:** Jun 30, 2018

High-mobility international capital markets exist when:
a. Changes in any of the three key macroeconomic markets affect the other two markets weakly.
b. Changes in any of the three key macroeconomic markets affect the other two markets strongly.
c. Current international transactions effects outweigh net nonreserve-related international borrowing/lending effects.
d. Net nonreserve-related international borrowing/lending effects outweigh current international transactions effects.

Question 2

The store of value function of money means it is the:
a. Asset individuals get for goods and services and then use later to purchase other goods and services.
b. Barter value of a product for which a nation has a comparative advantage.
c. The unit in terms of which people write contracts.
d. Asset people can use to accumulate wealth.
e. Unit in terms of which everything is valued and the basis for establishing relative prices between goods and services.