Debit entries on the Balance of Payments are the entries that would
A) mean a loss of foreign exchange.
B) bring foreign exchange into the country.
C) indicate a surplus exists.
D) exist at the bottom line after all accounts are totaled.
A
Economics
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When imports of goods exceed exports of goods, the financial account shows a deficit
a. True b. False Indicate whether the statement is true or false
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Which of the following is true?
a. The federal budget deficit is a flow and so is the national debt. b. The national debt is both a stock and a flow. c. The federal budget deficit is a stock and the national debt is a flow. d. The federal budget deficit is a flow and the national debt is a stock. e. The federal budget deficit is a stock and so is the national debt.
Economics