Author Question: If the income from investments abroad and net transfer payments are negligible, the current account ... (Read 57 times)

littleanan · **on:** Jun 29, 2018

If the income from investments abroad and net transfer payments are negligible, the current account becomes equivalent to a country's net exports.

Indicate whether the statement is true or false

Question 2

A combination of recession and inflation is called

A) a recession.
B) an expansion.
C) a business cycle.
D) stagflation.
E) depression.