A Positive Current Account Balance (Surplus) Contributes Directly to Increasing

question 11

True/False

A positive current account balance (surplus) contributes directly to increasing the measure of GDP.

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Definitions:

Increase Unemployment

Refers to a situation where the number of individuals in a workforce who are without a job, and are actively seeking employment, rises.

Union Bargains

Union bargains involve negotiations between labor unions and employers on employment terms, such as wages, working conditions, and benefits for the workers.

Wages

Payments made to workers for their labor, typically in the form of money and calculated on an hourly, daily, or piecework basis.

Unemployment Increase

A situation where the number of people who are actively looking for work but cannot find employment rises.