50- If an Italian firm buys computers from a Canadian firm and the Canadian firm uses the dollars it gets to buy Italian Treasury bonds, what items are recorded in the Canadian balance of payments accounts?

Select one:

a. credit the trade account; credit the capital and financial account

b. debit the trade account; debit the capital and financial account

c. debit the trade account; credit the capital and financial account

d. credit the trade account; debit the capital and financial account

e. credit service account; credit the capital and financial account

48- A variety of summary statistics were collected for a small sample (n =10) of data, where the dependent variable was y and an independent variable was x.

X = 50

Y = 40

(X X bar)(Y Y bar) = 400

(X X bar)² = 100

Find the least squares line.

Select one:

a. x hat = -10 + 4y

b. y hat = -16 + 4x

c. y hat = 16 + 5x

d. y hat = 10 +5x

e. x hat = 16 + 4y

47- Index number is always expressed in ----------

Select one:

a. fixed proportion

b. proportion

c. percentage

d. ratio

e. level

46) If real GDP is $2400 billion, income velocity of money is 4 and nominal money supply is $1200 billion, then

Select one:

a. the price level is 1.25

b. the price level is 2.0

c. the price level is 4.0

d. the price level is 3.0

e. the price level is 0.75

44-..is a measure of whether the data are peaked or flat relative to a normal distribution.

Select one:

a. Variance

b. Kurtosis

c. Mean

d. Skewness

e. Moments