What would be the statistical discrepancy for a current account balance of -$85 billion and a capital account balance of $80 billion?

a. -$165 billion
b. -$5 billion
c. $5 billion
d. $165 billion


c

Economics

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The production possibilities frontier (PPF) illustrates the combinations of goods that society can consume when trading with other producers

a. True b. False Indicate whether the statement is true or false

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According to Paul Romer, if a country can grow continuously if it ______.

a. increases its population size at a rate of at least 2 percent annually b. offsets diminishing returns through technological innovation c. encourages its citizens to consume at least 93 percent of their incomes d. has abundant natural resources within its borders

Economics

According to the equation of exchange, changes in the money supply can affect:

A. only the velocity of money. B. both the price level and real output. C. only real output and employment. D. only the price level.

Economics

The demand curve for most goods is normally:

A) parallel to the vertical axis. B) parallel to the horizontal axis. C) upward sloping. D) downward sloping.

Economics