The official reserve transactions balance
A) equals the current account balance plus the items in the capital account.
B) tells us the net amount of international reserves that must move between central banks in order to finance international transactions.
C) has an important impact on the money supply.
D) is all of the above.
D
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Compare and contrast the following terms: pure selling approach, product improvement approach, and market fulfillment approach
What will be an ideal response?
Which of the following identities is TRUE?
A) Operating Cash Flow = EBIT + Depreciation - Taxes B) Net Capital Spending = Ending Net Fixed Assets - Depreciation C) Change in Net Working Capital (NWC) = Current Assets - Current Liabilities D) Cash Flow from Assets = Operating Cash Flow + Net Capital Spending