If Net Primary Income and Net Secondary Income Are $10

question 107

Multiple Choice

If net primary income and net secondary income are $10 billion, and a country's purchases of foreign goods and services are $25 billion while its sales of goods and services overseas are $26 billion, it has a:

• A)$9 billion deficit in its current account.
• B)surplus of $11 billion in its balance of payments.
• C)surplus of $36 billion in its current account.
• D)$11 billion surplus in its current account.

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Definitions:

Environmental

Pertaining to the surrounding conditions or factors that influence or affect life and development.

Genetic

Pertaining to genes and heredity, explaining how traits and characteristics are passed from parents to offspring.

Contingency

A term used to describe the relation between behaviors and their antecedents and consequences.

Behavior

The observable actions or responses of individuals or groups to internal stimuli or external environments.