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LilyGal LilyGal
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5 years ago

Question 1.

A nation's official reserve transaction account

• compensates for the differences in the current and capital accounts.

• is always a positive number.

• is always a negative number.

• is always equal to zero.

Question 2.

Which of the following combinations is plausible for a nation's balance of payments? (All numbers in billions.)

• current account = 40, capital account = 20, official reserve transaction account = -50

• current account = 10, capital account = 40, official reserve transaction account = 50

• current account = 30, capital account = -20, official reserve transaction account = -10

• current account = 50, capital account = -30, official reserve transaction account = 20
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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DWFG2796DWFG2796
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LilyGal Author
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#2
5 years ago
Thank you
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