A small open economy has a current account balance of zero. A rise in its investment demand causes
A) a current account surplus.
B) a financial account deficit.
C) income to exceed absorption.
D) net borrowing from abroad.
D
Economics
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A rapid increase in the price of oil will tend to
A) shift long-run aggregate supply to the left. B) shift aggregate demand to the right. C) shift long-run aggregate supply to the right. D) shift short-run aggregate supply to the left.
Economics
What is the price of a coupon bond that has annual coupon payments of $75, a par value of $1000, a yield to maturity of 5%, and a maturity of two years?
A) $1043.08 B) $1046.49 C) $1000.00 D) $1150.00
Economics