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Answer to Question #122806 in Macroeconomics for Ch
Question #122806
Which one of the following statements is correct?
A. Foreign loans are made directly by the government and are not part of the BoP.
B. Exports represent a leakage from the expenditure flow.
C. If the exchange rate changes from $0.11 = R1, to $0.12 = R1, the rand depreciated.
D. When South Africans buy or sell shares on the New York stock exchange it is accounted for in the BoP.
A. Foreign loans are made directly by the government and are not part of the BoP.
B. Exports represent a leakage from the expenditure flow.
C. If the exchange rate changes from $0.11 = R1, to $0.12 = R1, the rand depreciated.
D. When South Africans buy or sell shares on the New York stock exchange it is accounted for in the BoP.
Expert's answer
C, D
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