If a Country Has a Flexible Exchange Rate System and a Deficit

question 20

Multiple Choice

If a country has a flexible exchange rate system and a deficit on capital account

• A)the balance of payments must be zero.
• B)The balance of payments must be positive.
• C)The balance on current account must be positive.
• D)The balance on current account must be negative.

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Definitions:

Consciousness

The condition or characteristic of being conscious of an external entity or an internal aspect of oneself.

Altered States

Conditions in which the mind's perception of the world is significantly different from normal, such as during meditation, hypnosis, or drug-induced experiences.

Consciousness

The state of being awake and aware of one's surroundings and experiences.

EEG

Electroencephalography, a method to record electrical activity of the brain via electrodes placed on the scalp.