(Table) the Current Account Balance Is A A) Deficit of $85

question 191

Multiple Choice

(Table) The current account balance is a: $\begin{array}{c}\begin{array}{lll} \hline \text { Current Account}\\ \hline \text { Balance of trade}\\ \text { Balance on income}\\ \text { Net transfers}\\ \hline \text { Capital Account}\\ \hline\end{array}\begin{array}{lll} \hline\\ \hline (\$100) \\25\\(10) \\ \hline\\ \hline \end{array}\end{array}$

• A) deficit of $85.
• B) deficit of $100.
• C) surplus of $15.
• D) surplus of $85.

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Definitions:

Normal Time

The average time taken by a worker to complete a task under normal working conditions.

Standard Time

The established duration designed for the completion of a specific task, under normal working conditions and performance.

Time Study

A work measurement technique for recording the times of performing a task to establish a standard time for the activity by direct observation and timing.

Labour Standard

Labour standard represents the amount of time required to perform a job or part of a job at a defined level of performance, often used in planning and evaluating labor efficiency.