Which of the Following Statements Is True

question 64

Multiple Choice

Which of the following statements is true?

• A) A positive balance on capital account necessarily implies a positive balance on current account.
• B) A negative balance on capital account necessarily implies a negative balance on current account.
• C) A positive balance on capital account necessarily implies growing U.S. foreign investments.
• D) A negative balance on capital account necessarily implies a positive balance on current account.

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Definitions:

Nonprofit

A type of organization that uses its surplus revenues to further achieve its purpose or mission, rather than distributing its income to the organization's shareholders, leaders, or members.

Government Grant

Financial assistance provided by government agencies to individuals, organizations, or businesses to support activities or projects beneficial to the public.

Grants

Non-repayable funds or products bestowed by one entity (often a government body, corporation, or foundation) to a recipient, typically for a particular purpose or project.

Contracts

Legal agreements between two or more parties that are enforceable by law.