Download App

Open Economy Macroeconomics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsOpen Economy Macroeconomics1 Mark
Question
How is a deficit or a surplus on the current account restored?
✓

Answer

Deficit on the current account is restored through the surplus on capital account and surplus on the current account is restored through the deficit on capital account.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer The Following Questions In One Sentence.[1 Marks Each]" from Open Economy Macroeconomics→Open Economy Macroeconomics — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Categorize the following items into Revenue and Capital Receipts.
Statement-Funds raised from public in the form of National Saving Certificates and Kisan Vikas Patras.
→
What is meant by ex-ante investment?
→
In which direction will the Production Possibility Curve shift in the situation of earthquake or any other natural calamity?
→
Categorize the following items into Revenue and Capital Receipts.

Statement-Fees of a Government College.

→
What are time deposits?
→
Giving reason comment on the shape of Production Possibilities Curve based on the following schedule:
Good X (Units)
Good Y (Units)
0
16
1
12
2
8
3
4
4
0
→
Will the following items be included or not in National Income of India? Give reason for your answer.
Purchase of a new car.
→
Which combination is represented by the point below the marginal production possibilities curve ?
→
Can TP and AP become zero or negative?
→
What is meant by appreciation of domestic currency?
→