Which of the following is not included in the current account?

Externalities are benefits or damages conferred upon people who are directly involved in an exchange of a good or service

a. True b. False Indicate whether the statement is true or false

Larger increases in the demand for labor than in the supply of labor explain:

A. the slowdown in real wage growth. B. skill-biased technological change. C. the substantial increase in real wages. D. increasing wage inequality.