Refer to the given market-for-money diagrams. Curve D 1 represents the:
A. total demand for money.
B. transactions demand for money.
C. asset demand for money.
D. stock of money.
B. transactions demand for money.
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When a U.S. investor buys a bond issued in a foreign country
A) the balance on the financial account decreases. B) the balance on the capital account decreases. C) the balance of trade decreases. D) the balance on the current account decreases.
Macroeconomic equilibrium occurs when:
a. Expected amount supplied equals expected amount demanded, which means expected leakages equal expected injections. b. Leakages equal injections. c. Supply equals demand and Leakages equal injections. d. Expected and actual supply equals expected and actual demand, which means expected and actual leakages equal expected and actual injections. e. None of the above.