The official settlements account records the
A) income used to settle international lawsuits.
B) revenue collected from taxing exports.
C) change in official U.S. reserves.
D) revenue collected from taxing imports.
E) change in the official U.S. exchange rate.
C
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The monetary transmission mechanism that assumes that money supply growth stimulates the economy primarily by encouraging investment is
A) the classical transmission mechanism. B) pre-Keynesian transmission mechanism. C) the interest-rate-based transmission mechanism. D) the post-Keynesian transmission mechanism.
In the figure above, if the government provides a subsidy to colleges of $6,000 per student per year, how many students will be accepted?
A) 8 million per year B) 12 million per year C) 10 million per year D) 16 million per year