U.S. official reserves are
A) equal to the balance on the capital and financial account.
B) equal to the value of U.S. government debt in the hands of foreigners.
C) equal to the government's holding of gold.
D) equal to the value of the government's oil reserves.
E) the government's holding of foreign currency.
E
Economics
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The income effect of a price change refers to the change in the quantity demanded of a good that results from a change in purchasing power as a result of the price change
Indicate whether the statement is true or false
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