Other things remaining the same, the greater the expected profit

Which of the following statements is true?

A) Black markets for currency are more likely to occur in countries with undervalued currencies than with overvalued currencies. B) Black markets for currency are more likely to occur in countries with convertible currencies than with non-convertible currencies. C) Black markets for currency are more likely to occur in countries with overvalued currencies than with undervalued currencies. D) Black markets for currency are equally likely to occur in countries with undervalued currencies or with overvalued currencies.

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

Indicate whether the statement is true or false