Suppose that the U.S. government acquires more foreign currency. This change is entered into which of the balance of payments accounts?
A) current account
B) capital and financial account
C) official settlements account
D) reserves account
E) trade account
C
Economics
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The figure above shows the supply curve for soda. The market price is $1.00 per soda. The producer surplus from the 20,000th soda is
A) $0.00. B) $0.50. C) $1.00. D) more than $1.00. E) None of the above answers is correct.
Economics
What are the two policy-making bodies of the Federal Reserve?
A) the Board of Governors and the U.S. Congress B) the Board of Governors and the Federal Open Market Committee C) the Board of Governors and the Presidents' office D) the Federal Open Market Committee and the U.S. Congress
Economics