An Economy in Which Output Exceeds Absorption

question 25

Multiple Choice

An economy in which output exceeds absorption

• A)will send goods abroad and have a current account surplus.
• B)is a net importer with a current account deficit.
• C)is a net borrower in the international market.
• D)will have a capital account deficit.

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Definitions:

Line Managers

Individuals directly responsible for overseeing the performance and tasks of other employees, often acting as the link between upper management and staff.

Advice And Counsel

The process of offering guidance, recommendations, or professional opinion to aid decision-making.

Financial Gain

The increase in money or assets, resulting from investment or business activities.

Employee Success

Refers to the achievement of career objectives, job satisfaction, and professional growth experienced by employees within an organization.