Within the balance of payments, a current account deficit is offset by a:
A) financial account deficit.
B) financial account surplus.
C) budget deficit.
D) budget surplus.
B
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Shontae wants to start a pet hotel and is thinking of setting it up as a partnership with her sister Victoria
What are the advantages and disadvantages she will face by setting up the business as a partnership as opposed to a sole proprietorship or a corporation?
Which of the following is a correct sequence of events during an expansion?
A. Unemployment rises, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit rises. B. Unemployment rises, income falls, tax revenue rises, unemployment benefits fall, and the budget deficit falls. C. Unemployment falls, income falls, tax revenue falls, unemployment benefits rise, and the budget deficit falls. D. Unemployment falls, income rises, tax revenue rises, unemployment benefits fall, and the budget deficit falls.