If the Official Settlements Account Is Zero, Whenever the United

question 54

True/False

If the official settlements account is zero, whenever the United States has a current account deficit, it must also have a capital account deficit.

---

Definitions:

Permanent

Lasting or intended to last or remain unchanged indefinitely.

Portion

A part of a whole, especially a specific amount of food allocated to serve as a single serving or component of a meal.

Levels-Of-Processing Model

The memory model that describes maintenance rehearsal as “shallow” processing and elaborative rehearsal as “deep” processing.

Deep Processing

A method of learning in which information is analyzed in a meaningful way, leading to better recall than through shallow processing.