Capital accounts measure
a. the foreign asset holdings of a nation and that nation's asset holding abroad
b. d and e
c. changes in the foreign asset holdings of a nation and the difference between its exports and imports
d. the difference between a nation's exports and imports
e. changes in the foreign asset holdings of a nation and that nation's asset holdings abroad
E
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Refer to Table 8-27. What is the level of disposable personal income for this economy?
A) $1,080 billion B) $1,010 billion C) $980 billion D) $860 billion
Suppose you borrow $5,000 at an interest rate of 8%. If the expected real interest rate is 3%, then the rate of inflation over the upcoming year that would be most beneficial to you would be
A) 0%. B) greater than 0% but less than 5%. C) equal to 5%. D) greater than 5%.