If Net Primary Income and Net Secondary Income Are $0,and

question 8

Multiple Choice

If net primary income and net secondary income are $0,and a country's purchases of foreign goods and services are $25 billion while its sales of goods and services overseas are $26 billion,it has a

• A) $1 billion deficit in its current account.
• B) surplus of $1 billion in its balance of payments.
• C) surplus of $26 billion in its current account.
• D) $1 billion surplus in its current account.

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Definitions:

Phonological Loop

A component of working memory model involving the temporary storage and manipulation of verbal and auditory information.

Working Memory

An intellectual system with finite capabilities, tasked with holding data temporarily to facilitate processing.

Coding

The form in which information is mentally or internally represented.

Recall

The ability to access and retrieve information from memory without the presence of the original stimulus for that memory.