Suppose Honda purchases a car factory in the United States. This purchase is entered into which of the balance of payments accounts?

A) business purchases account
B) current account
C) capital and financial account
D) trade account
E) official settlements account

C

Economics

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Benny, Denny, Jenny, Kenny, and Lenny are tap-dancing siblings who perform as the Tapiocas

Do to their individual dance styles, Benny and Denny each have a 50% chance of developing hammer toe, and Jenny, Kenny and Lenny each have a 20% chance of developing hammer toe. Each visit to the podiatrist costs $250. If each member of the Tapiocas were offered hammer toe insurance, how much would the premium be?

Economics

If increased supply leads to lower prices, why is rapid growth of the money supply usually accompanied by high interest rates?

What will be an ideal response?

Economics