Suppose that there is a current account deficit of $250 billion and a financial account surplus of $250 billion. It can be concluded that the

A. overall balance of payments equals $500.
B. overall balance of payments is balanced.
C. overall balance of payments is more than $250.
D. overall balance of payments is not balanced.


Answer: B

Economics

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Which type of unemployment is the most difficult to cure?

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Graphically an increase in the short-run aggregate supply line represents a(n) ________, and a shift leftward of the long-run aggregate supply line represents a(n) ________.

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Capital accumulation definitely

A) has no impact on the production possibilities frontier. B) shifts the production possibilities frontier inward. C) makes the production possibilities frontier steeper. D) shifts the production possibilities frontier outward.

Economics