Multiple Choice
Suppose the current account balance of an economy is -$50 billion and the stock of official international reserves is -$11 billion.Given the information, it can be said that the balance in the capital account is:
A) $61 billion.
B) -$61 billion.
C) -$111 billion.
D) $111 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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