A Deficit in a Country's Current Account Balance Occurs Whenever

question 82

Multiple Choice

A deficit in a country's current account balance occurs whenever

• A)money outflows from the country exceed its money inflows.
• B)money inflows into a country exceed its money outflows.
• C)its currency falls in value relative to other currencies.
• D)the country is alone in maintaining a strict gold standard.

---

Definitions:

Grapevine Communication

Informal information exchange among people in an organization, often involving rumors or unsubstantiated facts.

Downward Communication

Information flow from higher levels of an organization's hierarchy to the lower levels, often involving directives, updates, or feedback.

Interpersonal Level

Pertaining to or involving relationships between individuals.

Grapevine Communication

Informal channels of information exchange within an organization or group, not sanctioned by official communication policies, which can spread rumors and unofficial news.