(Table: Balance of Payments) Which Statement(s) Is/are TRUE? I

question 52

Multiple Choice

(Table: Balance of Payments) Which statement(s) is/are TRUE? I. The current account balance is equal to -$700 billion. II. The capital account balance is equal to $700 billion.
III) The statistical discrepancy must equal $100 billion.

• A) I only
• B) II only
• C) I and II only
• D) II and III only

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Definitions:

PO

An abbreviation for "per os," a latin term meaning "by mouth," used in medical prescriptions.

Tablets

Portable, touchscreen computing devices that are larger than smartphones but smaller than laptops.

Triazolam

A benzodiazepine used to treat insomnia by decreasing the time to fall asleep.

PO HS

An abbreviation in medical prescriptions indicating that the medication should be taken orally (PO) at bedtime (HS).