eco question mutiple choice. For a country such as Canada which of the following

Question

eco question

mutiple choice.

For a country such as Canada which of the following statements is always true? The balance of payments is zero. The current account balance is zero. The financial account balance is positive. The current account balance is negative. When exchange rates are not determined in the market hut are instead set by a country's central bank we say that the country's exchange rate is a nominal exchange rate. flexible. a real exchange rate. fixed. When housing prices fall as they did beginning in 2006 following the housing market bubble, consumption spending on furniture, appliances, and home improvements as many households found it to borrow against the value of their homes. increased; easier increased; harder declined; easier declined; harder The United States usually exports goods than it imports and exports services than it imports. more; fewer more; more fewer; more fewer; fewer

Explanation / Answer

1. D

2. D

3. D

4. C

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