The Best Weather in a Decade Has Given Australia a Bumper

question 94

Multiple Choice

The best weather in a decade has given Australia a bumper wheat crop.Australia is a small open economy.Based on this information alone,you would expect that

• A)desired investment would decrease.
• B)desired investment would increase.
• C)the current account would increase.
• D)the current account would decrease.

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Definitions:

Journal

In accounting, a journal is a record where all financial transactions are initially documented in chronological order.

Multi-Column Cash Payments

Multi-Column Cash Payments refers to the use of a journal with multiple columns to record different kinds of cash payments in accounting, enhancing clarity and organization.

Reference Column

A column in tables or spreadsheets used to cite information or to cross-reference data within the table or spreadsheet.

Check Marks

Symbols used to indicate approval, accuracy, completion, or the selection of an option.