While According to the Model the Current Account Balance Will

question 52

Multiple Choice

While according to the model the current account balance will be countercyclical, the balance can also decline due to:

• A)a temporary positive shock like a positive harvest
• B)a less developed country having a high capital stock.
• C)a temporary increase in government purchases as in war time.
• D)all of the above.

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Definitions:

Puncture

The act of making a small hole in something, often for medical reasons such as to draw blood or administer medication.

Surgical

Related to or used for medical operations that involve cutting into the body to treat diseases or injuries.

Mucous Membrane

A layer of epithelial tissue that lines various cavities in the body and covers the surface of internal organs, producing mucus.

Muscular

Relating to or involving the muscles of the body or the physical strength, power, and endurance of muscles.