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【单选题】
— In which part of the play was ________ your brother appeared? — In the last ten minutes.A.
that where
B.
this when
C.
it that
D.
it where
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举一反三
【单选题】Holding other factors constant, countries that have decreasing national income tend to run ( ).
A.
BoP Surplus
B.
BoP Deficit
C.
BoP equilibrium
D.
None is right
【单选题】BOP equilibrium is described as a situation in which __________.
A.
exports equal imports
B.
capital inflows equal capital outflows
C.
transactions in current account are exactly the same as the transactions in capital and financial account
D.
the sum of net current account plus net capital and financial account equals zero
【单选题】According to the monetary approach, if a country expands its domestic credits, it probably brings __________.
A.
BOP surplus
B.
BOP deficit
C.
BOP equilibrium
D.
None of the above, because the BOP is not related to the money supply
【单选题】If the intersection of IS-LM curve lies above the BP curve, it tells us that __________.
A.
the country runs BOP deficit
B.
the country runs BOP surplus
C.
the country reaches BOP equilibrium
D.
It is impossible to identify because more information are needed
【单选题】Which of the following is NOT true regarding the monetary approach?
A.
BOP is in equilibrium when money demand equals money supply
B.
Change in reserves results from the disequilibrium in current account, financial and capital account
C.
When a country runs BOP deficit or surplus, it should devalue or revalue its currency
D.
In a two-country model, the exchange rate is determined by the relative quantities of money supply and money demand
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