Which of the following is least likely a component of the current account?
A. Unilateral transfers.
B. Payments for fixed assets.
C. Payments for goods and services.
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Other things equal, an increase of 2.0% in the price of Product X results in a 1.4% increase in the quantity demanded of Product Y and a 0.7% decrease in the quantity demanded of Product Z. Which stat
A. Products X and Y are substitutes.
B. Products X and Z are complements.
C. Products Y and Z are complements.
Sell-side participants in the foreign exchange market are most likely to include:
A. banks.
B. Hedge funds.
C. Insurance companies.
Paul Schmidt, a representative for Westby Investments, is explaining how security analysts use the results of the accounting process. He states, "Analysts do not have access to all the entries th
A. correct.
B. incorrect,because the entries that went into creating a companys financial statements are publicly available.
C. incorrect,because management can manipulate earnings even within the confines of generally accepted accounting principles.
An agreement with another country to limit the volume of goods and services sold to them is best described as a:
A. quota.
B. Voluntary export restraint.
C. Minimum domestic content rule.