If the Current Account Is in Surplus and the Capital

question 269

Multiple Choice

If the current account is in surplus and the capital account is zero,then

• A)the financial account must be in deficit.
• B)the balance of trade must be in deficit.
• C)the balance of payments must be in deficit.
• D)there is a capital inflow.
• E)the balance of services must be in deficit.

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Definitions:

Propaganda

The use of biased or misleading information disseminated to influence public opinion or behavior.

Mass Media

Various mediums of communication, such as television, radio, newspapers, and the internet, that reach large audiences, influencing public opinion and culture.

Mexican Americans

Americans of Mexican descent, often with a cultural heritage that includes traditions, language, and customs from Mexico.

Markov Analysis

A statistical method used to forecast the future behavior of a system or process based on its current state and known probabilities of various outcomes.