The current account in the BOP records:
a. all money flowing between countries.
b. a nation's yearly exports and imports of goods and services.
c. only the transactions involving capital goods in international trade.
d. only the transactions involving consumer goods in international trade.
e. only those goods and services purchased on credit in international transactions.
b
Economics
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Any commonly accepted good that acts as a medium of exchange, a measure of value, and a store of value is known as
a. money b. currency c. acquisitive d. fiat e. M1
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Which type of ratio measures the ability of a business to meet short-term financial obligations?
a. liquidity ratios b. activity ratios c. financial leverage ratios d. profitability ratios e. value of the firm ratios
Economics