If the Balance on the Current Account Is $8

question 98

Multiple Choice

If the balance on the current account is $8.42 billion and the balance on the financial account is $7.53 billion, what is the balance on the capital account, assuming no statistical discrepancy?

• A)$0 billion
• B)$0.89 billion
• C)-$0.89 billion
• D)-$15.95 billion

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Definitions:

Generates Revenue

The process of creating income for a company through activities such as sales of goods, provision of services, or other business operations.

Investing Decisions

Choices made by individuals or companies regarding where to allocate resources, often considering the potential for profits or losses, to achieve financial growth.

Investment Center

A business unit within an organization that is responsible for its own revenue, expenses, and investments, and is evaluated based on its return on investment.

Profit Center

A separate business unit or department within an organization that is responsible for generating its own revenue and profits.