For each of the following situations, assuming fi xed exchange rates, tell what will happen to the balance of payments on current and capital accounts in the United States, ceteris paribus:  a....

For each of the following situations, assuming fi xed exchange rates, tell what will happen to the balance of payments on current and capital accounts in the United States, ceteris paribus:

 a. Domestic income increases.

b. Domestic interest rates fall.

c. Foreign income increases.

d. Foreign interest rates fall.

 e. Domestic infl ation increases.

f. Foreign infl ation increases.