Suppose the Current Account Shows Debits of $4

question 92

Multiple Choice

Suppose the current account shows debits of $4.7 billion and credits of $5.3 billion.The current account balance is ________,and the capital account balance is ________.

• A)+$0.6 billion;-$0.6 billion
• B)+$0.6 billion;+$0.6 billion
• C)-$0.6 billion;-$0.6 billion
• D)-$0.6 billion;+$0.6 billion

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Definitions:

Amperage

The measure of the flow of electric current in amperes.

Electrical Current

The flow of electric charge through a conductor, enabling the functioning of electrical systems and devices.

Ohm's Law

A fundamental principle of electrical engineering stating that the current through a conductor between two points is directly proportional to the voltage across the two points.

E = I x R

Ohm's law, stating that the electric current (I) through a conductor between two points is directly proportional to the potential difference (V) across the two points.