Theoretically, the net balance of payments is
A. A country's capital inflow minus its capital outflow.
B. Exports minus imports.
C. Foreign demand for a country's currency minus foreign supply.
D. The current account plus the capital account.
Answer: D
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What will be an ideal response?
If the actual rate of inflation exceeds the expected rate of inflation, the actual real wage is greater than the expected real wage and unemployment falls
Indicate whether the statement is true or false
Within a game theory model, if a change in decision-making raises corporation A's profits by $50 and lowers corporation B's profits by $40, the game is a
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A. A positive demand shock B. A negative real shock C. A positive real shock D. A negative demand shock