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If the Current Account Has a Positive Balance of $100

question 158

Multiple Choice

If the current account has a positive balance of $100 and the capital and financial account has a negative balance of $90, there will be_________ in official reserves of _________.


Definitions:

Raw Material Purchases

The total cost incurred for buying materials that are used in the manufacturing process of goods.

Cash Payout

The distribution of funds or payments, often from a corporation or investment, to shareholders or investors.

Beginning Inventory

Beginning inventory refers to the value of goods available for sale or use at the start of an accounting period.

September

September is the ninth month of the year in the Gregorian calendar, marking the transition from summer to autumn in the Northern Hemisphere.

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