If There Are No Changes in Official Reserves,the Current Account

question 122

Multiple Choice

If there are no changes in official reserves,the current account deficit must be:

• A) greater than the capital account deficit.
• B) equal to the capital account deficit.
• C) equal to the capital account surplus.
• D) greater than the capital account surplus.

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Definitions:

12%

A percentage value often used to denote a rate, such as an interest rate or growth rate.

$50,000

A numerical monetary value, often used to indicate a specific amount in financial transactions.

8.4%

A percentage value, which could represent an interest rate, a portion, or a growth rate in various financial contexts.

6 Years

A period of time equal to six annual terms, often referenced in financial agreements or projections.