Which Monetary Movement Is NOT a Component of the Current

question 174

Multiple Choice

Which monetary movement is NOT a component of the current account?

• A) net transfers of money
• B) net income flows
• C) flow of stocks and bonds
• D) payments for imports and exports

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Definitions:

Second Term

A subsequent period of office for an elected official, such as a president or governor, immediately following the first term.

Franklin Roosevelt

The 32nd President of the United States who led the country during the Great Depression and World War II, implementing the New Deal.

Great Depression

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

New Deal Era

The period in U.S. history during the 1930s when President Franklin D. Roosevelt implemented a series of programs, policies, and reforms known as the New Deal to counteract the effects of the Great Depression.