Suppose the Balance on the Current Account Is +$50 Billion

question 110

Multiple Choice

Suppose the balance on the current account is +$50 billion and the balance on the capital account is +$1 billion. The balance on the financial account is

• A) −$51 billion.
• B) −$50 billion.
• C) −$49 billion.
• D) +$51 billion.

Apply linear inequalities to model and solve real-world problems.

Calculate and understand the domain and range of a relation.

Understand the different forms of business organizations and their characteristics.

Know the primary roles and responsibilities of key financial positions in a corporation.

---

Definitions:

Self-Interest

The consideration of one's personal benefit or advantage, especially when pursued without regard to others.

Economic Duress

Involves a situation where a party is forced into an agreement through wrongful economic pressure or threats, compromising their free will.

Employment Contract

A formal agreement between an employer and an employee that outlines the terms of employment, including duties, salary, and duration.

Unemployed

Refers to individuals who are without a job but are available for and seeking employment.