Economic Theory Shows That the Current Account Deficit Is Always

question 18

Multiple Choice

Economic theory shows that the current account deficit is always equal to the capital account surplus.This means that

• A)the federal budget must always be in balance.
• B)when a country exports more goods and services than it imports, it also imports assets equal to the difference.
• C)current account deficits should be avoided.
• D)trade deficits tend to be eliminated automatically.

---

Definitions:

School Success

The achievement of educational goals and objectives, often measured by grades, test scores, and other academic indicators.

Intelligence Quotient

A score derived from standardized tests designed to assess human intelligence.

Comprehensive Tests

Examinations designed to cover a wide range of material from a specific area of study, ensuring a thorough evaluation of a student's understanding and knowledge.

Time Management

The practice of organizing and planning how to divide one's time between specific activities to increase efficiency and productivity.