The Current Account Surplus Is

question 31

Multiple Choice

The current account surplus is

• A) an increasing function of disposable income and an increasing function of the real exchange rate.
• B) a decreasing function of disposable income and a decreasing function of the real exchange rate.
• C) a decreasing function of disposable income and an increasing function of the real exchange rate.
• D) only a decreasing function of disposable income.
• E) only an increasing function of the real exchange rate.

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Definitions:

String Variable

A type of variable in programming that is used to store text data, such as words or sentences.

Memory Space

The amount of physical or virtual memory allocated for storing data or program instructions.

Local Identifier

A name given to a variable or other program element, which is only accessible within the scope where it is declared.

Static Double

This could describe a static variable of the type double in a programming context. A static variable retains its value between method calls and is often used for values that are constant or method-independent.