The saving and investment equation holds only when the federal budget is balanced

Which of the following statements is TRUE?

A) The voting power of a nation in the International Monetary Fund is determined by its quota subscription. B) The voting procedure in the International Fund is determined by the World Bank. C) The voting power of a nation in the International Monetary Fund is called special drawing rights. D) All nations that belong to the International Monetary Fund have equal voting power.

When the U.S. current account has a deficit, international payments from the United States ________ U.S. international receipts

To cover the current account deficit, there must be a ________ in the combined capital and financial account and official settlements account. A) equal; surplus B) are less than; deficit C) exceed; surplus D) are less than; surplus E) exceed; deficit