Module 41

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Balance of Payments - Practice Quiz

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Sobre Test

macroeconomics

balance of payments

12th grade

46 veces realizada

Creada por

Zachary Foust

Estados Unidos

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Module 41Versión en línea Balance of Payments - Practice Quiz por Zachary Foust 1 Assume that the United States is experiencing a current account deficit. Which of the following statements is necessarily true? a The current account is positive. b The financial account is experiencing a deficit. c The financial account is experiencing a surplus. 2 Assume that the United States is experiencing a current account surplus. Which of the following statements is necessarily true? a The current account is negative. b The current account is positive. c The financial account is experiencing a surplus. 3 Assume that the United States is experiencing a financial account deficit. Which of the following is necessarily true? a The current account is experiencing a surplus. b The financial account is positive. c The current account is experiencing a deficit. 4 Assume that the United States is experiencing a financial account surplus. Which of the following is necessarily true? a The current account is negative. b The current account is experiencing a surplus. c The financial account is negative. 5 What does the current account plus the financial account equal? a 0 b 100 c 200 6 Assume that the current account shows a value of -$200 billion. What is the value of the financial account? a -$200 billion b +$200 billion c $0 7 Assume that the financial account shows a total of +$150 billion. What is the value of the current account? a $0 b +$150 billion c -$150 billion 8 Any transaction that causes money to flow into a country is a a Debit b Credit c Deficit 9 Any transaction that cause money to flow out of a country is a a Dividend b Credit c Debit 10 Assume that the United States has a negative balance of trade. Which of the following is necessarily true? a The United States exports more than it imports. b The United States imports more than it exports. c The financial account is experiencing a deficit.

Module 41Versión en línea

Balance of Payments - Practice Quiz

por Zachary Foust

Assume that the United States is experiencing a current account deficit. Which of the following statements is necessarily true?

The current account is positive.

The financial account is experiencing a deficit.

The financial account is experiencing a surplus.

Assume that the United States is experiencing a current account surplus. Which of the following statements is necessarily true?

The current account is negative.

The current account is positive.

The financial account is experiencing a surplus.

Assume that the United States is experiencing a financial account deficit. Which of the following is necessarily true?

The current account is experiencing a surplus.

The financial account is positive.

The current account is experiencing a deficit.

Assume that the United States is experiencing a financial account surplus. Which of the following is necessarily true?

The current account is negative.

The current account is experiencing a surplus.

The financial account is negative.

What does the current account plus the financial account equal?

100

200

Assume that the current account shows a value of -$200 billion. What is the value of the financial account?

-$200 billion

+$200 billion

Assume that the financial account shows a total of +$150 billion. What is the value of the current account?

+$150 billion

-$150 billion

Any transaction that causes money to flow into a country is a

Debit

Credit

Deficit

Any transaction that cause money to flow out of a country is a

Dividend