If the Current Account Is a Deficit of 25 Then

question 31

Multiple Choice

If the current account is a deficit of 25 then

• A)the capital account is a surplus of 25.
• B)the cash account is a surplus of 25.
• C)the capital account is a surplus of 25 if the cash account is zero.
• D) the cash account is a deficit of 25.

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Definitions:

Producer Surplus

The difference between the amount producers are willing to accept for a good or service versus what they actually receive, reflecting their net gain.

Tax

A mandatory charge or alternative form of financial levy extracted from a taxpayer by governmental authorities for the aim of supporting governmental spending and numerous public financial commitments.

Diversity

entails the inclusion and representation of different types of people and viewpoints in a group, organization, or society, valuing differences in race, gender, age, cultural background, etc.

Value-based Management

Management that actively develops, communicates, and enacts shared values.