Which of the Following Is an Example of a Surplus

question 39

Multiple Choice

Which of the following is an example of a surplus in the balance of payments?

• A)The excess of debits over credits in the current and financial accounts
• B)The excess of credits over debits in the current account
• C)The excess of credits over debits in the capital account
• D)Both B & C

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Definitions:

Disguised Patronage

A concept in art where the sponsor of the artwork is included within the piece, often cleverly integrated into the scene.

Triptych

A three-paneled painting, ivory plaque, or altarpiece. Also, a small, portable shrine with hinged wings used for private devotion.

Diptych

A two-paneled painting or altarpiece; also, an ancient Roman, Early Christian, or Byzantine hinged writing tablet, often of ivory and carved on the external sides.

Miraculous Draft

A biblical event depicted in the Gospels where Jesus instructs Simon Peter to cast his nets into the sea, resulting in a miraculously large catch of fish.