When the U.S. current account has a deficit, international ...

[lbcchick]

When the U.S. current account has a deficit, international payments from the United States ________ U.S. international receipts.
 
  To cover the current account deficit, there must be a ________ in the combined capital and financial account and official settlements account.
  A) equal; surplus
  B) are less than; deficit
  C) exceed; surplus
  D) are less than; surplus
  E) exceed; deficit

Question 2

In the above figure, a(n) ________ would be set ________.
 
  A) effective minimum wage; above 6.00.
  B) union wage; above 9.00 but would not affect the natural rate of unemployment.
  C) efficiency wage; below 9.00
  D) efficiency wage; above 6.00.
  E) efficiency wage; above 9.00 and would increase the natural rate of unemployment

[joneynes]

Answer to Question 1

C

Answer to Question 2

E

[lbcchick]

Thanks for the timely response, appreciate it

Great answer, keep it coming