If the Current Account Balance Has a $70 Million Deficit

question 65

Multiple Choice

If the current account balance has a $70 million deficit and there was no change in official reserves during that year, then we know that

• A) the balance of payments must register a $70 million surplus.
• B) the capital account balance must have a $70 million surplus.
• C) the official settlements account balance must have a $70 million surplus.
• D) net transfers were -$70 million.
• E) the capital account balance must have a $70 million deficit.

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Definitions:

Stress

Stress is the body's reaction to any change that requires an adjustment or response, which can come from any situation or thought that makes a person feel frustrated, angry, nervous, or anxious.

Physical Health

The overall condition of an individual's body, including the absence of disease and fitness level.

Psychological Health

Refers to the emotional and mental well-being state where an individual is able to use their cognitive and emotional capabilities to function in society and meet the ordinary demands of everyday life.

Schizophrenia

A chronic and severe mental disorder that affects how a person thinks, feels, and behaves, leading to delusions, hallucinations, and disorganized thinking.