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Question 21 5 pts A small money exchange in the city center in Singapore has a bid/ask for US dollar of 1.2345 - 60. The

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Question 21 5 pts A small money exchange in the city center in Singapore has a bid/ask for US dollar of 1.2345 - 60. The local bank has a bid/ask spread of 1.2351 - 54. What is the maximum spread the money exchange can make? O(A)0.0009 O (B) 0.0015 (C) 0.0003 (D) 0.0006 Question 22 5 pts The current account balance in the US last year was 520 billion in deficit. The official reserve account balance has 95 billion surplus. What is the balance for the capital account? O(A) $615 billion deficit O (B) $520 billion deficit (C) $425 billion deficit (D) $425 billion surplus O(E) $615 billion surplus

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