The sum of the current account, the capital account, and the official reserve transaction account is
A) always positive.
B) always negative.
C) positive when exports are greater than imports.
D) zero.
Answer: D
Economics
You might also like to view...
As aggregate output rises, the demand for money ________ and the interest rate ________, so that money demanded equals money supplied and the money market is in equilibrium
A) increases; rises B) increases; falls C) decreases; rises D) decreases; falls
Economics
The quantity of goods exchanged in a market will be below the equilibrium quantity
a. when the price is either held above or below the equilibrium price. b. only when the price is held above the equilibrium price. c. only when the price is held below the equilibrium price. d. only when the price is rising.
Economics