In one year the United States had a current account deficit of $461 billion. The balance on the capital account was -$8 billion. What was the balance on the financial account?

Suppose the US is in a recession while foreign countries that trade with the US are not. How will this affect the US?

A. US imports will fall, US exports will rise, and AD will fall B. US imports will fall, US exports will rise, and AD will rise C. US imports will rise, US exports will fall, and AD will fall D. US imports will fall, US exports will fall, and AD will remain unchanged

Which of the following statements is true?

A. Treasury bills mature in 2 to 10 years. B. Treasury notes mature in 13 or 26 weeks. C. Treasury bills, notes, and bonds are considered to be very safe investments. D. Municipal bonds are issued to help the federal government build new projects such as highways and stadiums.