If the interest rate is 4 percent, then you would be equally happy if you received a gift of either $100 today or a gift of

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.

Which of these economic variables is countercyclical?

A) investment spending B) unemployment C) demand for foreign products D) all of the above E) none of the above