Suppose a country has a current account surplus and that there is no intervention by finance ministries or central banks. This current account surplus indicates that the country has
A) a deficit in its capital account.
B) a surplus in its capital account.
C) the official reserve transactions balance is positive.
D) the official reserve transactions balance is negative.
A
Economics
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Refer to Figure 16.2. For the given Phillips curve, an increase in aggregate demand, ceteris paribus, could cause a
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