Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Microeconomics Expert

problem 1) Most frequently traded currency in the foreign exchange market is:

(a) British pound.
(b) Japanese yen.
(c) Chinese yuan.
(d) U.S. dollar.

problem 2) Euro is now a official currency of all of the following countries except:

(a) France.
(b) Slovenia.
(c) Great Britain.
(d) Spain.

problem 3) Balance of trade deficit occurs when the country:

(a) exports more goods than it imports.
(b) buys more goods from rest of the world than it sells.
(c) buys more stocks and bonds from rest of the world than it sells.
(d) both (b) and (c).

problem 4) Which of the following transactions is a debit in the current account?

(a) export of merchandise
(b) export of services
(c) gift to foreigners
(d) foreign bond purchase

problem 5) Which is essential to "balance" the BOP statement?

(a) Reserve inflow
(b) Statistical discrepancy
(c) Debit transaction
(d) Credit transaction

problem 6) In the BOP, travel and tourism are included in a category of:

(a) unilateral transfers.
(b) financial account.
(c) merchandise account.
(d) services account.

problem 7) Interest earned on foreign holdings of U.S. federal, state and local government debt are recorded in the:

(a) services account.
(b) merchandise account.
(c) transfers account.
(d) financial account.

problem 8) A present account surplus implies that:

(a) country is a net lender with rest of the world.
(b) country is running a net capital account surplus.
(c) foreign investment in domestic securities is at very low levels.
(d) All of the above.

problem 9) Security purchases in United States by foreigners is

(a) a credit item in the current account.
(b) a debit item in the financial account.
(c) a credit item in the financial account.
(d) a debit item in the current account.

problem 10) Merchandise exports minus imports equal the:

(a) basic balance.
(b) liquidity balance.
(c) official settlements balance.
(d) balance of trade.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M97340

Have any Question? 


Related Questions in Microeconomics

Feeding america final milestonein this assignment you will

Feeding America Final milestone In this assignment, you will demonstrate your mastery of the following course outcomes: - Evaluate management strategies and organizational structures of not-for-profit organizations for t ...

Assignmentin the article at the beginning of the readings

Assignment In the article at the beginning of the readings book, Aronson talks about Social Psychology as a leap of faith, and about the imperfect nature of social psychological experiments (which is true of science in a ...

Economics problemsconsumer demand analysis and estimation

Economics Problems Consumer Demand Analysis and Estimation Applied Problems Please complete the following two applied problems: Problem 1: Patricia is researching venues for a restaurant business. She is evaluating three ...

Microeconomics assignmentdiscussion forumnote the video has

Microeconomics Assignment DISCUSSION Forum Note: The video has Closed Captioning. To activate it, start the video, mouse over the bottom of the video and click on the CC icon, then select from the menu. This week's discu ...

Implicit and explicit costs economic problemsproblem achoco

Implicit and Explicit Costs: Economic Problems Problem A Choco Delite is a manufacturer of fine chocolates. Its monthly rental expense is $1,000,000. It also has $2 million in fixed labor costs. Its marginal costs are $. ...

Exam set 1 amp 2set-11 which of the following statements is

Exam SET 1 & 2 SET-1 1. Which of the following statements is true about a downward-sloping demand curve that is a straight line? The slope and the elasticity are the same at all points. The slope remains the same, but el ...

Micro economics paperyou have been given the responsibility

Micro Economics Paper You have been given the responsibility of working with your organization's CEO to do a competitive market analysis of the potential success of one of their existing products. Select your organizatio ...

Application evaluation of research resultsno research

Application: Evaluation of Research Results No research project or study is perfect. Studies that contain errors can produce unreliable or misleading results. As a consumer of research, you must be able to determine the ...

Problem -the table below gives the income of each of four

Problem - The Table below gives the income of each of four individuals who are in a region. Calculate and plot the Lorenz curve and calculate the Gini coefficient for this economy. individual income 1 100 2 200 3 300 4 4 ...

Asignment 11 given the production function asy 68 135x1

Assignment 1 1. Given the production function as: y = 6.8 + 1.35x 1 + 7.7x 2 - 8.5x 3 + 0.4x 4 - 0.06x 1 2 - 1.25x 2 2 + 0.2x 1 x 2 and assuming x 3 = 0.32 and x 4 = 4.25 i. Form production function in iso-quant set. ii. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen