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Author Question: If the current account and capital account are both in surplus, the official reserve account does ... (Read 177 times)

Pineappleeh

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If the current account and capital account are both in surplus, the official reserve account does not have to be in deficit.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In the aggregate expenditures model, if aggregate expenditures (AE) are greater than GDP, then:
 a. inventory is unchanged.
  b. inventory is accumulated.
  c. employment decreases.
  d. GDP increases.



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sarajane1989

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Answer to Question 1

False

Answer to Question 2

d




Pineappleeh

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


kishoreddi

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

 

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