When a German company purchases a U.S. company for $20 million, in the balance of payments the value of that transaction is recorded in the
A) current account.
B) investment account.
C) official purchases account.
D) capital and financial account.
E) purchase account.
D
Economics
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By taking the short position on a futures contract of $100,000 at a price of 96 you are agreeing to ________ a ________ face value security for ________
A) sell; $100,000; $96,000. B) sell; $96,000; $100,000. C) buy; $100,000; $96,000. D) buy; $96,000; $100,000.
Economics
The property that macroeconomic variables fluctuate together in patterns that exhibit strong regularities is called
A) coincidence. B) co-movement. C) correlation. D) coexistence.
Economics