A country's balance of payments shows a

A) detailed record of the import and export of services for the country.
B) detailed record of the country's imports.
C) summary record of international financial assistance received by the country.
D) summary record of a country's economic transactions with foreign residents and governments over a year.

D

Economics

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About 46 percent of M1 is composed of

A) demand deposits. B) money market mutual funds. C) savings deposits. D) currency held by the public.

Economics

An increase in deficit spending tends to raise interest rates, thereby resulting in a multiplier effect that is higher than what would be associated with an equivalent increase in consumption spending

a. True b. False Indicate whether the statement is true or false

Economics