Which of the Following Is a Deficit Item on the Balance

question 74

Multiple Choice

Which of the following is a deficit item on the Balance of Payments?

• A)exports of merchandise
• B)foreign tourist dollars spent domestically
• C)sales of gold to foreigners
• D)purchases of foreign assets

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Definitions:

Generational Church Membership

Generational church membership refers to the practice of families maintaining membership and active participation in the same local church across several generations.

Church Membership

The state of being formally affiliated with a religious institution or community, often involving participation in its spiritual and communal activities.

Democratic Principles

Fundamental beliefs that support the idea of democracy, including freedoms of speech and assembly, the right to vote, and equality before the law.

Rhode Island

The smallest state in the United States by area, known for its sandy shores and Colonial towns.