Which of the following is true of the U.S. balance of payments?
A) It includes as receipts all inflows of funds from foreigners to the United States.
B) It includes as receipts only inflows of funds used to purchase U.S. produced goods and services.
C) It includes as receipts inflows of funds used to purchase U.S. goods or services or to acquire U.S. assets but not funds received as unilateral transfers.
D) It includes as receipts inflows of funds used to purchase U.S. goods or services and funds received as unilateral transfers but not inflows of funds used to acquire U.S. assets.
Correct Answer:
Verified
Q44: What accounted for much of policymakers' concern
Q45: If the U.S. current account balance is
Q46: When someone in a country buys an
Q47: In 2005, the financial account balance was
Q48: Historically, the leading official reserve asset was
A)gold.
B)the
Q50: What was the approximate value of the
Q51: Although coordinated changes in monetary policy are
Q52: When domestic and foreign assets are imperfect
Q53: In the U.S. balance-of-payments accounts, the statistical
Q54: What is the approximate daily volume of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents