To acquire financial capital, a firm can

i. obtain a loan from a bank.
ii. issue stock.
iii. issue bonds.
A) i, ii, and iii B) i and iii C) i only D) iii only E) ii only

A

Economics

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Assume that the yuan-dollar nominal exchange rate at the beginning of 2012 was 4 yuan per dollar and at the beginning of 2013 was 6 yuan per dollar

Given this information, identify the currency that appreciated and the currency that depreciated over 2012.

Economics

In 2008, the current account balance was -$706 billion and the capital and financial account balance was +$711 billion. Therefore, the official settlements account balance was ________ and the balance of all payments accounts summed was ________

A) -$5 billion; zero B) negative; negative C) positive; positive D) +$5 billion; zero E) not enough information to determine; negative

Economics