What are the transactions that the balance of payments accounts record?
What will be an ideal response?
The current account records payments for imports of goods and services from abroad, receipts from exports of goods and services sold abroad, net interest income paid abroad, and net transfers abroad (such as foreign aid payments). The capital and financial account records foreign investment in the U.S. minus U.S. investment abroad. Any statistical discrepancy is also recorded in the capital account. The official settlements account records the change in U.S. official reserves.
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Buying securities on the margin requires people interested in buying stocks to pay only a percentage (a margin) of the actual purchase price. The rest is borrowed from someone else, usually an investor's broker
Indicate whether the statement is true or false
Macroeconomics approaches the study of economics from the viewpoint of:
What will be an ideal response?