Which of the following transactions is a debit in the US current account?
A) Export of merchandise
B) Export of services
C) Gifts to foreigners
D) Foreign bond purchases
C
Economics
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The change in the quantity of goods and services that an hour's work can buy is measured by the
A) nominal wage. B) real wage. C) CPI. D) real interest rate. E) inflation rate.
Economics
Spot exchange typically involves:
A. some transaction costs. B. long-term contracts. C. extremely high transaction costs. D. no transaction costs.
Economics