Which of the following would be part of the nation's financial account?
A) A night club show seen by an American in Mexico City
B) A dividend from a British equity owned by an American
C) A payment to the Philippine government for the use of military bases in their country
D) One hundred shares of British Petroleum stock purchased by an American
D
Economics
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A commercial bank's reserves are equal to the amount of
A) the bank's loans. B) only the currency in its vault. C) currency in the bank's vault plus the balance on its reserve account at a Federal Reserve Bank. D) the bank's deposits. E) the bank's government securities.
Economics
If a good has only a few, poor substitutes, is its demand elastic or inelastic?
What will be an ideal response?
Economics