If the Current Account Is in Surplus and the Capital

question 124

Multiple Choice

If the current account is in surplus and the capital and financial account is also in surplus, then the official settlements account balance is

• A)negative.
• B)positive.
• C)probably close to zero, but could be either negative or positive.
• D)zero.
• E)equal to the sum of the current account and the capital account.

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Definitions:

Upper Echelon Theory

A perspective in organizational sociology and management which suggests that an organization's outcomes are largely determined by the values, personalities, and experiences of its top executives.

Background Characteristics

Refers to the various personal, social, and cultural attributes an individual brings to an organizational context, such as education, experience, and demographics.

Norms of Behavior

Norms of behavior refer to the standard or expected ways of acting within a particular society, group, or culture.

Mature Group

A group that has developed advanced levels of cohesion, communication, and functionality, effectively managing tasks and interpersonal relationships.