The sum of the current account, the financial account, and the capital account is ________.
A. 100
B. zero
C. the trade deficit
D. the reserve balance
Answer: B
You might also like to view...
An example of a good that is not excludable is:
A. fish in the ocean. B. wireless connection to the Internet. C. a movie in a theater. D. a candy bar.
An increase in human capital would lead to
a. a decrease in the standard of living b. an upward shift of the production function c. a decrease in productivity d. cutbacks in government skill-training programs e. a decrease of the capital stock
Which of the following is not a characteristic of most less-developed countries?
a. low per capita income b. political instability c. a high percentage of the population under the age of 15 d. inadequate infrastructure e. high productivity
The idea of a Leviathan state was promoted by
a. Hobbes b. Smith c. Ricardo d. Mises e. Hayek