Which of the Following Suggest Australia's Current Account Deficit May

question 92

Multiple Choice

Which of the following suggest Australia's current account deficit may not be a problem?

• A) We still have assets left to sell.
• B) We have an equal capital account surplus.
• C) If overseas borrowing is used productively we can generate enough extra income to pay for it.
• D) If overseas borrowing is used on consumption goods and services we can generate enough extra income to pay for it.

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Definitions:

2-Methyl-2-Octene

An organic compound characterized by an eight-carbon chain with a double bond between carbon numbers 2 and 3, and a methyl group attached to the second carbon.

2-Methyloctan-3-Ol

A chemical compound, specifically an alcohol, that is derived by adding a methyl group and a hydroxyl group to an octane chain.

Hydroboration/Oxidation

A two-step organic reaction that converts alkenes into alcohols through a hydroboration step followed by oxidation.

Aqueous Acid

An acid that is dissolved in water, producing hydrogen ions and leading to a pH less than 7.