If the current account balance is -$450 billion, the capital and financial account balance is $440 billion, then the official settlements balance is
A) $890 billion.
B) $0 because it is always zero.
C) $10 billion.
D) -$890 billion.
E) -$10 billion.
C
Economics
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According to your textbook authors, the growth rates in sub-Saharan Africa (excluding South Africa) have been plagued
A) exclusively by economic problems. B) exclusively by political problems. C) by meteorological and geographical problems. D) by purchasing power parity problems.
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A production possibilities frontier is a graph that shows the combination of outputs that an economy should produce
a. True b. False Indicate whether the statement is true or false
Economics