This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A U.S. citizen buys a newly issued share of stock in England, paying for his order with a check, ... (Read 106 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
A U.S. citizen buys a newly issued share of stock in England, paying for his order with a check, which the British company deposits in its own U.S. bank account in New York. How is this transaction accounted for in the balance of payments?
 
  A) financial account, U.S. asset export
  B) current account, U.S. service import
  C) current account, British good export
  D) financial account, British asset import
  E) financial account, U.S. asset import

Question 2

A permanent increase in a country's money supply
 
  A) causes a more than proportional increase in its price level.
  B) causes a less than proportional increase in its price level.
  C) causes a proportional increase in its price level.
  D) leaves its price level constant in long-run equilibrium.
  E) causes an inversely proportional fall in its price level.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

krakiolit

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


tiara099

  • Member
  • Posts: 588
Reply 2 on: Jun 30, 2018
Excellent

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

The salt marsh grass Spartina anglica originated on the coast of England as a hybrid of European and The salt marsh grass Spartina anglica originated on the coast of England as a hybrid of European and
Orson Welles in Citizen Kane. Orson Welles in Citizen Kane.
Sample purchase order form. Sample purchase order form.
Blood Collection Tubes: Order of Draw Blood Collection Tubes: Order of Draw
Rank-order correlations show that differential consistency remains high from childhood through late ... Rank-order correlations show that differential consistency remains high from childhood through late ...
To check to see if the electric fuel pump can be operated from the relay contacts, use a fused ... To check to see if the electric fuel pump can be operated from the relay contacts, use a fused ...
Video: Exercise and cardiac output

For a complete list of videos, visit our video library