Author Question: A federal surplus is deflationary when all else is held constant. Indicate whether the statement ... (Read 76 times)

mp14 · **on:** Jun 30, 2018

A federal surplus is deflationary when all else is held constant.

Indicate whether the statement is true or false

Question 2

The United States balance of payments accounts

a. records all earnings from the foreign activities of U.S. residents.
b. records all expenditures of U.S. citizens' abroad.
c. records all earnings from the foreign activities of foreign governments.
d. Both a and b
e. All of the above