If the Current Account Is in Deficit and the Capital

question 111

Multiple Choice

If the current account is in deficit and the capital and financial account is also in deficit, 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.

---

Definitions:

Silent Authority

A form of power where someone complies with requests or orders based on the implicit power or position of the requester.

Persuasion

The act or process of influencing someone's beliefs, attitudes, or behaviors through argument, reasoning, or appeal.

Leader Effectiveness

Leader effectiveness is a measure of a leader's ability to achieve desired outcomes, influence followers, and contribute to organizational success.

Coalition Formation

Involves the creation of alliances or partnerships among groups or individuals to achieve shared objectives or to advance common interests.