Any action that gives rise to a supply of foreign currency is a
A) deficit item on the current account and a surplus item on the financial and capital accounts.
B) surplus item on the current account and a deficit item on the financial and capital accounts.
C) surplus item on the current, financial, or capital account.
D) deficit item on the current, financial, or capital account.
C
Economics
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If the quantity supplied exceeds the quantity demanded, then there is
A) a shortage and the price is below the equilibrium price. B) a shortage and the price is above the equilibrium price. C) a surplus and the price is below the equilibrium price. D) a surplus and the price is above the equilibrium price.
Economics
In the production possibilities framework, economic growth is depicted by the PPF
What will be an ideal response?
Economics