A Deficit in the Current Account Implies

question 137

Multiple Choice

A deficit in the current account implies

• A) there is an excess demand in the foreign currency market.
• B) a deficit in the capital account.
• C) a surplus in the capital account.
• D) nothing about the capital account.

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Definitions:

Natural Selection

The principle that, among the range of inherited trait variations, those that lead to increased reproduction and survival will most likely be passed on to succeeding generations.

Humanistic Psychologists

Psychologists who focus on individual potential and stress the importance of growth and self-actualization.

Healthy Growth

The process of developing physically, emotionally, mentally, and socially in ways that are considered beneficial and constructive.

Potential

The inherent ability or capacity for growth, development, or coming into being.