A Summary of a Country's Economic Transactions with Foreign Residents

question 289

Multiple Choice

A summary of a country's economic transactions with foreign residents and governments is called the

• A)current account balance.
• B)capital account balance.
• C)balance of trade.
• D)balance of payments.

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Definitions:

Existence

Refers to the state or fact of being real or living.

Relatedness

The need to have meaningful connections with others and feeling a sense of belonging within social contexts.

Two-factor Theory

A psychological theory that suggests job satisfaction and dissatisfaction arise from two distinct sets of factors: hygiene factors and motivators.

Job Satisfaction

The level of contentment employees feel with their job, which can affect their performance, attitude, and motivation.