If the Current Account Balance Is Negative, Net Interest Is

question 72

Multiple Choice

If the current account balance is negative, net interest is $100 billion and net transfer is -$100 billion, then

• A)imports exceed exports.
• B)the official settlements account must be positive.
• C)exports exceed imports.
• D)the official settlements account must be negative.
• E)real GDP exceeds potential GDP.

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Definitions:

Positive Psychology

A branch of psychology focused on the study and promotion of human strengths, virtues, and factors that contribute to a fulfilling life.

Martin Seligman

A psychologist known for his work in positive psychology and studies on happiness and well-being.

Positive Psychology

A branch of psychology that focuses on the study of positive human functioning and what makes life most worth living.

Subjective Well-being

Subjective well-being refers to how individuals experience and evaluate their own lives in terms of happiness and contentment.