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Suppose the Current Account Balance of an Economy Is -$50

Question 40

Multiple Choice

Suppose the current account balance of an economy is -$50 billion and the capital account balance of the economy is $61 billion.Given the information, it can be said that the balance in the official settlement account is:


A) -$11 billion.
B) $11 billion.
C) -$111billion.
D) $111 billion.

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