If the surplus in the capital account are greater than the deficit in the current account, then

a. the current account must be positive in the long-run.
b. the current account must be negative in the long-run.
c. exports must be less than imports.
d. official reserve transactions must be negative.


D

Economics

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Hostess Brands is selling off its assets after liquidation. A potential buyer for the Twinkies brand has found that the total revenue will be $3 billion a year if the brand is managed well and $1 billion a year if the brand is managed poorly

There is .6 (or 60 percent) chance of managing the brand well and a .4 (or 40 percent) chance of managing the brand poorly. What is the expected total revenue? A) $0.4 billion B) $1.2 billion C) $1.8 billion D) $2.2 billion

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How much mobility has there been through the income quintiles since 2007?

What will be an ideal response?

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The first country to adopt inflation targeting was

A) the United Kingdom. B) Canada. C) New Zealand. D) Australia.

Economics