In BOP Accounting,a Deficit in the Current Account Is Always

question 127

True/False

In BOP accounting,a deficit in the current account is always accompanied by a surplus in the capital account.

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Definitions:

Nutritional Food Plan

A guideline or strategy designed to ensure dietary intake of essential nutrients for maintaining good health and well-being.

Market Wages

The prevailing rate of pay for work or services at a particular time and place, determined by supply and demand in the labor market.

Productivity

The efficiency with which inputs are converted into outputs in a production process, often measured as the ratio of output to input over a specific period.

Income Distribution

The way in which the total income of an economy is distributed among its population.