Which One of the Following Statements Is the Most Accurate

question 31

Multiple Choice

Which one of the following statements is the most accurate?

• A) An increase in the real exchange rate and an increase in disposable income improve the current account.
• B) A decrease in the real exchange rate and a decrease in disposable income improve the current account.
• C) A decrease in the real exchange rate and a increase in disposable income improve the current account.
• D) An increase in the real exchange rate and a decrease in disposable income improve the current account.
• E) An increase in the real exchange rate and a decrease in disposable income lowers the current account.

---

Definitions:

Credit Reports

Documents that contain detailed information about an individual's credit history, including loans, credit cards, and payment history.

Closed-end Credit

A type of loan where a consumer borrows a specific amount of money and agrees to repay it over a fixed period with scheduled payments.

Financing

The act of providing funds for business activities, making purchases, or investing.

Interest Rate

The percentage at which interest is charged or paid on borrowed capital or savings, indicating the cost of borrowing or the reward for saving.