The official settlements account of a country measures
A) the receipts from goods and services bought and sold and transfers to and from foreigners.
B) borrowing and lending between the country's residents and foreigners.
C) the net increase or decrease in the country's official reserves.
D) net transfer payments between the country's citizens and foreigners.
C
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A monetary policy strategy that uses a fixed exchange rate regime that ties the value of a currency to the currency of a large, low inflation country is called ________ targeting
A) exchange-rate B) currency C) monetary D) inflation
When a monopolist's marginal cost of production is zero:
a. the deadweight loss is reduced. b. production is lower than if marginal cost were positive. c. the price charged is higher than if marginal cost were positive. d. maximizing profit is same as maximizing revenue.