Which of the following will cause Nation A's reserves account in the balance of payments to become more positive?
a. Increased holdings of official gold holdings.
b. Nation A's central bank receives more borrowing rights at the International Monetary Fund.
c. Nation A's central bank decreases its holdings of convertible foreign currencies.
d. All of the above will cause the reserves account to become more positive.
e. None of the above will cause the reserves account to become more positive.
.C
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From 1945 to 1995, the debt—GDP ratio in the United States
A) steadily fell. B) steadily increased. C) fell from 1945 until around 1970 and rose thereafter. D) fell from 1945 until around 1980 and rose thereafter.
The short-run simulative effect of a government budget deficit on real GDP is stronger with ________ financing, since this ________ the crowding out effect of the deficit
A) bond, enhances B) bond, eliminates C) money, enhances D) money, eliminates