Order the answer to: Practice with the balance of…
| Question | Practice with the balance of payments: Current account = Capital account + Change in official reserves a. Current account = 2$10, Capital account = $15. What is the change in reserves? b. Current account = 2$10, Change in reserves = 2$3. What is the capital account? c. Your college expenses = $12,000, Income from your barista job = $4,000. What is your current account? If you haven’t changed your reserves (i.e., cash savings) at all, what is the capital account (i.e., borrowing from parents or bank)? |
|---|---|
| Subject | business economics |
Have a writer answer this question by clicking below. If you have any questions you can contact us via live chat.
