If the Current Account Balance Shows a Surplus,and the Capital

question 73

Multiple Choice

If the current account balance shows a surplus,and the capital account also shows a surplus,then the official reserve transactions balance

• A) must be positive.
• B) must be negative.
• C) must be zero.
• D) can either be positive, negative, or zero.

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Definitions:

Equal Pay Act

Legislation aimed at abolishing wage disparity based on sex by ensuring that men and women receive equal pay for equal work.

Appellate Court

A higher court, usually consisting of more than one judge, that reviews the decision and results of a lower court (either a trial court or a lower-level appellate court) when a losing party files for an appeal. Appellate courts do not hold trials but may request additional oral and written arguments from each party; they issue written decisions, which collectively constitute case law or the common law. Also called court of appellate jurisdiction.

ADA

The Americans with Disabilities Act (ADA) is a civil rights law that prohibits discrimination against individuals with disabilities in all areas of public life.

EEOC

The Equal Employment Opportunity Commission, a federal agency tasked with enforcing federal laws prohibiting employment discrimination.