If Official Reserves Increase, Then We Know That the

question 104

Multiple Choice

If official reserves increase, then we know that the

• A) official settlements account balance is negative.
• B) capital account is negative.
• C) official settlements account balance is positive.
• D) capital and current accounts must sum to zero.
• E) capital account is positive.

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Definitions:

Total War

A strategy of warfare that mobilizes all of a nation's resources, including civilians and the economy, to achieve a complete victory, often disregarding the distinction between combatant and non-combatant targets.

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