If There Are No Net Factor Payments from Abroad and No

question 68

Multiple Choice

If there are no net factor payments from abroad and no unilateral transfers,net exports of $10 billion is the same as

• A)a current account deficit of $10 billion.
• B)a financial account surplus of $10 billion.
• C)net acquisition of foreign assets of $10 billion.
• D)net foreign borrowing of $10 billion.

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Definitions:

Late Adulthood

The stage of life typically associated with old age, often considered to start around the age of 65 and characterized by changes in health, physical abilities, and social roles.

Vitality

The state of being strong, active, and full of energy; often considered essential for a healthy and fulfilling life.

Rampant Diseases

Illnesses that are widespread and out of control within a population.

Life-Expectancy Rates

Statistical measures of the average time an organism is expected to live, based on the year of their birth, current age, and other demographic factors.