-Refer to the Above Table

question 27

Multiple Choice

-Refer to the above table. Suppose the transactions in the table are added to a balance of payments account that is already in balance. What will have to take place to keep the balance of payments in balance?

• A) Nothing will have to be done as the accounts are in balance.
• B) Nothing will have to be done as the accounts are in equilibrium.
• C) The U.S. government will have to make official reserve transactions equal to $11,000.
• D) Foreign governments will have to make official reserve transactions equal to -$11,000.

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Definitions:

Nonfluency

The lack of smoothness or ease in speech or writing, often marked by pauses, hesitations, or repetition.

Extemporaneous Presentation

a speech or presentation delivered without extensive pre-prepared script but often based on some notes or outline.

Extemporaneous Presentation

A speech or presentation delivered with little or no specific preparation, often structured around a brief set of notes or an outline.

Rehearse

The act of practicing a performance or activity ahead of time to ensure it is ready and polished.