Which of the following is a current account transaction?
a. the purchase of a foreign engineering firm by a domestic investor
b. the import of shoes by a domestic retailer
c. a loan by a domestic bank to a foreigner
d. a loan by a foreign bank to a domestic manufacturer
B
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Which of the following statements is true?
A) A bar chart has many limitations in comparison to pie charts. B) A bar chart does not allow for the comparison of a single variable across many segments. C) A bar chart can only be used to represent independent variables. D) A bar chart indicates the frequency of a variable by using rectangles of different heights or lengths.
Non-activists are most interested in
A) the short-run level of unemployment and the effectiveness of monetary policy. B) the long-run consequences of policies. C) the effectiveness of monetary policy and the short-run inflation rate. D) the short-run rate of inflation and level of unemployment.