Which of the following is true of a current account surplus?
a. A country that is running a current account surplus will have negative net exports.
b. A current account surplus is consistent with domestic spending being in excess of domestic production.
c. A current account surplus means that a country is also running a net surplus in its financial account.
d. A country can have a current account surplus only if it exports more services as compared to goods.
e. A country that is running a current account surplus buys more bonds from the rest of the world as compared to what it sells.
Question 2
When the equation X = GDP - C- I - G yields a negative X, it represents a situation in which the country:
a. experiences runaway inflation.
b. experiences robust GDP growth.
c. experiences a huge budget deficit.
d. borrows to cover the difference between production and spending.
e. lends to cover the difference between production and spending.
Enzymatic features of DNA polymerase that account for its inability to copy one of the DNA strands a
True Friendship
How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
Data Used to Analyze Productivity in Country 1 and Country 2
The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case
The price of rice in a small country is currently $6 per pound. In order to help low-income ...