Suppose the Balance on the Current Account Is +$100 Billion

question 249

Multiple Choice

Suppose the balance on the current account is +$100 billion and the balance on the capital account is −$1 billion. The balance on the financial account is

• A)+$101 billion.
• B)−$100 billion.
• C)−$99 billion.
• D)−$101 billion.

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Definitions:

Practical Skills

Hands-on abilities and competencies that enable effective execution of specific tasks or activities.

Intrapersonal Skills

Intrapersonal skills refer to the ability of an individual to understand and manage their own emotions, motivations, and behaviors effectively.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Problem Solving

The process of identifying a problem, developing possible solutions, and implementing an action to address the problem.