Which of the following will result to a surplus in the financial account? O a. Amount paid to foreigners for goods and services is more than the amount received O b. Value of assets bought from foreigners is less than the value sold to foreigners O c. Value of assets sold to foreigners is less than the value bought from foreigners O d. Amount paid to foreigners for goods and services is less than the amount received

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter31: The Impacts Of Government Borrowing
Section: Chapter Questions
Problem 2SCQ: Assume an economy has a budget surplus of 1,000, private savings of 4,000, and investment of 5,000....
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Which of the following will result to a surplus in the financial account?
O a. Amount paid to foreigners for goods and services is more than the amount received
O b. Value of assets bought from foreigners is less than the value sold to foreigners
O c. Value of assets sold to foreigners is less than the value bought from foreigners
O d. Amount paid to foreigners for goods and services is less than the amount received
In the Philippines, the Congress takes part in the implementation of fiscal policies.
a. False; only the executive branch takes part in the implementation of fiscal policies
O b. False; the legislative branch has nothing to do with fiscal policies
O c. True
O d. False; only the Bangko Sentral ng Pilipinas takes part in the implementation of fiscal policies
Transcribed Image Text:Which of the following will result to a surplus in the financial account? O a. Amount paid to foreigners for goods and services is more than the amount received O b. Value of assets bought from foreigners is less than the value sold to foreigners O c. Value of assets sold to foreigners is less than the value bought from foreigners O d. Amount paid to foreigners for goods and services is less than the amount received In the Philippines, the Congress takes part in the implementation of fiscal policies. a. False; only the executive branch takes part in the implementation of fiscal policies O b. False; the legislative branch has nothing to do with fiscal policies O c. True O d. False; only the Bangko Sentral ng Pilipinas takes part in the implementation of fiscal policies
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