Security purchases in the United States by foreigners is
A) a credit item in the current account.
B) a debit item in the capital account.
C) a credit item in the capital account.
D) a debit item in the current account.
C
Economics
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Contractionary monetary policy and expansionary fiscal policy both reduce net exports in an open economy
Indicate whether the statement is true or false
Economics
Which of the following, all else fixed, will cause the real exchange rate to decrease?
A) a nominal appreciation B) an increase in the foreign price level C) an increase in the domestic price level D) all of the above E) none of the above
Economics