Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
LilyGal LilyGal
wrote...
Go to Answer
Posts: 501
Rep: 13 0
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
Author:
Read 37 times
2 Replies
Replies
Answer verified by a subject expert
DWFG2796DWFG2796
wrote...
#1
Posts: 368
Rep: 49 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

LilyGal Author
wrote...
#2
5 years ago
Thank you
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1129 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 4427
  
 252
  
 1143