Suppose a Country's Official Reserves Do Not Change

question 121

Multiple Choice

Suppose a country's official reserves do not change.If it has a $20 billion deficit in its current account,then it must also have a $20 billion:

• A) surplus in its balance of payments.
• B) deficit in its balance of payments.
• C) surplus in its capital account.
• D) deficit in its capital account.

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Definitions:

Obsessive-Compulsive-Related Disorders

Psychiatric disorders characterized by the presence of obsessive thoughts and compulsive behaviors.

Cognitive Perspective

A psychological approach that focuses on the mental processes involved in knowing, including perception, thinking, memory, and judgment.

Serotonin

A neurotransmitter involved in the regulation of mood, appetite, and sleep, among other processes, often associated with feelings of well-being and happiness.