Question: please answer both Question 13 3.33 pts Suppose that an American citizen buys a movie ticket while touring in Brussels. What likely net impact will
please answer both
Question 13 3.33 pts Suppose that an American citizen buys a movie ticket while touring in Brussels. What likely net impact will this have on the United States Balance of Payments? A credit to the current account and a debit to the capital or financial account O A debit to the current account and a debit to the capital or financial account O A debit to the current account and a credit to the capital or financial account O No net impact to any of the current, capital, or financial accounts Question 14 3.33 pts If a supply and demand graph has as its x-axis the value in dollars, and as its y-axis the exchange rate in $/, then the curve representing demand for dollars by Europeans will be O Downward sloping, because as the exchange rate rises, Europeans will be able to buy fewer American goods with the same number of euros O Downward sloping, because as demand rises, the dollar will get less valuable O O Upward sloping, because as the exchange rate rises, Europeans will be able to buy more American goods with the same number of euros Upward sloping, because as demand rises, the dollar will get more valuable Question 13 3.33 pts Suppose that an American citizen buys a movie ticket while touring in Brussels. What likely net impact will this have on the United States Balance of Payments? A credit to the current account and a debit to the capital or financial account O A debit to the current account and a debit to the capital or financial account O A debit to the current account and a credit to the capital or financial account O No net impact to any of the current, capital, or financial accounts Question 14 3.33 pts If a supply and demand graph has as its x-axis the value in dollars, and as its y-axis the exchange rate in $/, then the curve representing demand for dollars by Europeans will be O Downward sloping, because as the exchange rate rises, Europeans will be able to buy fewer American goods with the same number of euros O Downward sloping, because as demand rises, the dollar will get less valuable O O Upward sloping, because as the exchange rate rises, Europeans will be able to buy more American goods with the same number of euros Upward sloping, because as demand rises, the dollar will get more valuable
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
