The current account
A) measures our exports minus our imports taking into account interest payments paid to and received from the rest of the world.
B) measures our imports minus our exports.
C) does not account for interest payments paid to and received from the rest of the world.
D) is part of GDP.
A
Economics
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The money supply is the amount of money:
A. available in the economy. B. that banks keep on hand. C. that banks keep on hand beyond the reserve requirement. D. available for banks to lend.
Economics
If the required reserve ratio is 5 percent and the Federal Reserve sells $10,000 worth of bonds, the money supply can potentially
A. Increase by $50,000. B. Decrease by $200,000. C. Decrease by $500. D. Decrease by $50,000.
Economics