Increasing the amount of consumption spending and reducing the amount of savings ________ investment expenditures, and ________ long-run economic growth in the economy

The following are all functions of money except

A) medium of exchange. B) store of value. C) unit of account. D) source of anxiety.

A gift from the British prime minister to the American president would be classified as a _____ in the balance of payments account

a. capital transfer b. capital receipt c. universal receipt d. unilateral transfer e. foreign aid