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Author Question: If the current account and capital account are both in surplus, the official reserve account does ... (Read 164 times)

Pineappleeh

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


Pineappleeh

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  • Posts: 585
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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