In an Open Economy,the Current Account Balance Equals ________

question 3

Multiple Choice

In an open economy,the current account balance equals ________.(Assume that the capital account is zero and net transfers are zero.)

• A)net foreign investment + domestic investment
• B)net capital outflows
• C)the financial account balance + net income on investments
• D)net foreign investment

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Definitions:

Utilitarian

A philosophical theory that suggests an action is right if it leads to the greatest happiness for the greatest number of people.

Paternalism

The practice or policy of limiting someone's freedom or making decisions for them in their supposed best interest.

Ken Duke

Assuming it refers to a public figure, but without specific context, it's difficult to provide a precise definition.