The Balance of Payments Measures The

question 50

Multiple Choice

The balance of payments measures the:

• A) difference between government spending and tax receipts.
• B) difference between actual in?ation and the in?ation target in an economy.
• C) difference between the ?nancial ?ows coming in and going out of a country.
• D) relationship between the level of in?ation and the unemployment rate.

Know the steps to be taken when legal information is not readily understandable or available.

Understand the considerations before soliciting a lawyer's assistance in business decisions.

Explain the concept of contingency fee arrangements and their implications.

Recognize the circumstances under which clients might conduct their own legal research.