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AP® Macroeconomics

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Balance of Payments Accounting

APMACR-KETZ1Z

Regarding the balance of payments, if one sums the Current Accounts, the Capital Accounts and the Reserve Changes then the answer will

A

always be recorded in the Consumer Price Index.

B

be negative if there is a trade imbalance.

C

be equal to the previous year's Gross National Product.

D

be zero.

E

be equal to the total unilateral current transfers for the year.