Multiple Choice
If the balance on the current account is $8.42 billion and the balance on the financial account is $7.53 billion, what is the balance on the capital account, assuming no statistical discrepancy?
A) $0 billion
B) $0.89 billion
C) -$0.89 billion
D) -$15.95 billion
Correct Answer:

Verified
Correct Answer:
Verified
Q94: If the current account balance is negative:<br>A)net
Q95: In recent decades, Australia has incurred overall
Q96: Which of the following is not a
Q97: Refer to Figure 14.2 for the following
Q99: The real exchange rate is the amount
Q100: If Australia's current account is in deficit,
Q101: Compared to a closed economy, expansionary fiscal
Q102: If S = national saving, I =
Q103: Suppose that the European Union experiences a
Q239: What is the difference between net exports