All of the following are deficit items in the balance of payments EXCEPT
A) purchases of foreign assets.
B) imports of merchandise.
C) foreign tourist expenditures.
D) purchases of foreign currency.
C
Economics
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What matters to people is the face value of money or income
Indicate whether the statement is true or false
Economics
The ________ interest rate approximately equals the ________ interest rate minus ________
A) nominal; real; depreciation B) nominal; real; the inflation rate C) real; nominal; depreciation D) real; nominal; the inflation rate
Economics