A nation can finance a deficit on its current account with
A. a surplus on its capital account.
B. a deficit on its capital account.
C. official purchases of foreign currencies with its own currency.
D. purchases of gold from foreign currencies with its own currency.
A. a surplus on its capital account.
Economics
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When you accumulate more money,
A) the interest rate you are paid on your currency increases. B) the opportunity cost of holding money decreases. C) your marginal tax rate falls. D) the marginal benefit of holding money decreases. E) you earn a lower rate of interest on your checkable deposit.
Economics
Refer to above Table 2-1. What is the level of Personal Saving?
A) 100 B) 90 C) 80 D) 130
Economics