Economics MCQs

A. The u.s department of labor
B. The u.s department of agriculture
C. The u.s department of commerce
D. The council of economic advisers to the president

A. Unilateral transfers
B. Capital account
C. Merchandise account
D. Services account

A. Is equal to official reserve transactions
B. Occurs because of foreign exchange fluctuations
C. Reflects statistical discrepancies
D. Reflects the difference between flow and stock concepts

A. Lending more money to other nations
B. Experiencing a surplus in exports of goods an services
C. Reducing its indebtedness to other nations
D. Going further into debt with other nations

A. The country is a net lender to the rest of the world
B. The country is running a net capital account surplus
C. Foreign investment in domestic securities is at very low levels
D. All of the above

A. Purchases more stocks and bonds from the rest of the world than it sells
B. Purchases more goods from the rest of the world than it sells
C. Sells more goods to the rest of the world than it purchases
D. Sells more stocks and bonds to the rest of the world than it purchases

A. Current account the capital account
B. Current account the trade account
C. Trade account the capital account
D. Current account the reserve account

A. Statistical discrepancy
B. Balance of payments
C. Balance of trade
D. Trade deficit

A. Exporter
B. Importer
C. Debtor
D. Creditor

A. Involves receipts from foreigners
B. Involves payments to foreigners
C. Increases the domestic money supply
D. Decreases the demand for foreign exchange