Which of the Following Would Increase the Current Account Balance

question 147

Multiple Choice

Which of the following would increase the current account balance of Canada?

• A)an increase in imports
• B)an increase in the amount of money Canadian government sends in foreign aid to other countries
• C)an increase in the balance of trade
• D)an increase in the amount of income Canadian companies pay out to foreigners who own investments in Canada
• E)an increase in Canada's stock of intellectual capital (patents)

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Definitions:

Deindividuation

A psychological state where an individual loses self-awareness and a sense of individuality, often leading to uncharacteristic behavior, usually in group contexts.

Social Loafing

A scenario where members of a group display reduced effort in reaching a target compared to their effort levels when working solo.

Group Polarization

The phenomenon where a group's prevailing attitudes or beliefs become more extreme following group discussions.

Groupthink

A phenomenon where the desire for harmony and conformity in a group leads to irrational or dysfunctional decision-making outcomes.