Suppose that there is a current account deficit of $250 billion and a financial account surplus of $250 billion. It can be concluded that the
A. overall balance of payments equals $500.
B. overall balance of payments is balanced.
C. overall balance of payments is more than $250.
D. overall balance of payments is not balanced.
Answer: B
Economics
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Which of the following are short-term financial instruments?
A) a repurchase agreement B) a share of Walt Disney Corporation stock C) a Treasury note with a maturity of four years D) a residential mortgage
Economics