Which of the Following Is TRUE of the Current Account

question 95

Multiple Choice

Which of the following is TRUE of the current account balance?

• A) Monetary expansion has no effect on the current account balance.
• B) Monetary expansion decreases the current account balance.
• C) Fiscal expansion increases the current account balance.
• D) Fiscal expansion has no effect on the current account balance.
• E) Monetary expansion increases the current account balance.