-The Table Above Gives Some of the Balance of Payments

question 25

Essay

$$\begin{array} { l c } \text { Variables } & \text { (billions of dollars) } \\\hline \text { Imports of goods and services } & 1,400 \\\text { Exports of goods and services } & 1,600 \\\text { Net interest } & 145 \\\text { Net transfers } & 0 \\\text { Foreign investment in the United } & \\\text { States } & 550 \\\text { U.S. investment abroad } & 900 \\\hline\end{array}$$
-The table above gives some of the balance of payments accounts of the United States in 2015.
a. What is the current account balance?
b. What is the capital account balance?
c. What is the official settlements account balance?
d. What is the balance of all account payments?

Explain why there are divergent taxonomies of leadership behavior.

Understand how clarifying and supporting behaviors contribute to effective leadership.

Understand the difference between lifetime annuities and pension plans and the concept of adverse selection.

Recognize consumption smoothing strategies for different stages of life and economic scenarios.

---

Definitions:

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit the organization or individuals within it.

Forming Alliances

The act of creating partnerships or collaborations between individuals, groups, or organizations to achieve common goals.

High Machs

Individuals characterized by high Machiavellianism, often manipulating others to achieve their goals.

Enthusiastic Organizational

A description pertaining to organizations characterized by a keen or ardent interest in their missions and activities.