1. Which of the following is not a part of balance of payment account?
a) the current acct b) The financial capital acct c) all of the above d) none
ii) if a country is described as a net debtor nation, this means that foreign ownership of the country's _ exceeds the country's ownership of _abroad
iii) the major components in the current account in Balance of Payments is?
iv) the ___ includes all interantional economic transactions with income or payment flows accounting within the year.
2. What is the PV of an ordinary annuity with 5 payments of $6,500 if the appropriate interest rate is 4.5%?
A. $24,539.97
B. $31,102.99
C. $26,537.41
D. $24,254.62
E. $28,534.85