Multiple Choice
Suppose the current account shows debits of $5.3 billion and credits of $4.7 billion.The current account balance is ________,and the capital and financial account balance is ________.
A) +$0.6 billion; -$0.6 billion
B) +$0.6 billion; +$0.6 billion
C) -$0.6 billion; -$0.6 billion
D) -$0.6 billion; +$0.6 billion
Correct Answer:

Verified
Correct Answer:
Verified
Q2: For each of the following transactions,explain what
Q4: If a U.S.firm buys tulips from a
Q7: In a saving-investment diagram for a small
Q8: A small open economy has a current
Q10: When there are two large open economies,if
Q10: Net exports of goods are known as<br>A)the
Q11: Suppose output is $35 billion,government purchases are
Q45: Suppose output is $35 billion,government purchases are
Q75: Total spending by domestic residents,businesses,and governments is
Q110: An economic benefit of capital outflows is