Suppose a Country Has a Current Account Surplus and That

question 87

Multiple Choice

Suppose a country has a current account surplus and that there is no intervention by finance ministries or central banks. This current account surplus indicates that the country has

• A)a deficit in its capital account.
• B)a surplus in its capital account.
• C)the official reserve transactions balance is positive.
• D)the official reserve transactions balance is negative.

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Definitions:

Expression

An expression in mathematics is a combination of symbols that can represent a number, variable, operation, or a combination thereof, without an equality sign.

X

Often used to represent an unknown variable in algebraic equations or the horizontal axis in Cartesian coordinate systems.

Y

Often used to denote the dependent variable or the output value in a function, commonly represented on the vertical axis in a Cartesian coordinate system.

Positive Exponents

Powers of a number that signify how many times the number is multiplied by itself.