If the current account balance shows a surplus, and the capital account also shows a surplus, then the official reserve transactions balance

A) must be positive.
B) must be negative.
C) must be zero.
D) can either be positive, negative, or zero.

A

Economics

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According to this Application, studies estimated that a decrease of consumer wealth of $1 would ________ consumption spending by somewhere between ________

A) lower; $0.21 and $0.72 B) raise; $0.10 and $0.50 C) raise; $0.21 and $0.72 D) lower; $0.02 and $0.07

Economics

The principle of opportunity cost

A) is applicable to all decision-making. B) only refers to monetary payments. C) is more relevant for firms than for individuals. D) is only relevant in economics.

Economics