Author Question: A country with an official settlements balance of zero and a negative current account balance is a ... (Read 115 times)

crobinson2013

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A country with an official settlements balance of zero and a negative current account balance is a
 
  A) net creditor.
  B) net lender.
  C) net borrower.
  D) net saver.
  E) None of the above answers is correct because it is not possible to have an official settlements balance of zero and a negative current account balance.

Question 2

Mary has decided that the she does not like Iowa and has decided to quit her job as a medical technician and move to Arizona. Mary's unemployment as she searches for a new job is best classified as
 
  A) traveling. B) structural. C) frictional. D) distance. E) cyclical.



shewald78

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Answer to Question 1

C

Answer to Question 2

C



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