If the U.S. government increased its holdings of British pounds, definitely
A) the capital and financial account would increase.
B) the capital and financial account would decrease.
C) there would be an increase in U.S. official reserves.
D) there would be a decrease in U.S. official reserves.
C
Economics
You might also like to view...
The marginal propensity to save is:
a. the change in saving induced by a change in consumption. b. (change in S) / (change in Y). c. 1 ? MPC / MPC. d. (change in Y ? bY) / (change in Y). e. 1 ? MPC.
Economics
If a bank pays 12% interest, and that bond has a selling price of $1,200 and a face value of $1,000, how much interest does it pay?
What will be an ideal response?
Economics