The sum of the current account, the capital account, and the official reserve transaction account is
A) always positive.
B) always negative.
C) positive when exports are greater than imports.
D) zero.
D
Economics
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In the above figure, if the interest rate is 8 percent per year, the quantity of money demanded is
A) less than the quantity of money supplied, and the interest rate will change. B) less than the quantity of money supplied, and the demand curve for money will shift. C) greater than the quantity of money supplied, and the supply curve of money will shift. D) greater than the quantity of money supplied, and the interest rate will change. E) greater than the quantity of money supplied, and the demand curve for money will shift.
Economics
A necessity (such as food and shelter) generally has an inelastic demand
Indicate whether the statement is true or false
Economics