When there is an increase in the deficit of the current account, the pressure on the home currency value all things equal would be a downward pressure.
<h3>What happens when there is a current account deficit?</h3>
A current account deficit means that the country is earning less from exporting goods to other countries than it is losing from importing from other nations.
What this means is that more money is flowing out of the country than the money that is coming in. What this leads to a loss in currency value because it points to less demand for the home currency.
This is because the deficit would place a downward pressure on the local currency. On the upside, this decrease in currency value might spur exports which would lead to a better current account balance.
In conclusion, there will be downward pressure.
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Since Australia is not in the northern hemisphere so probably only has standard time and is 15 hours ahead of us in the Pacific area in North America I believe that the person would have to log in at 12 midnite on May 29th to join the webinar at 10 AM PDT.
Answer:
b) III.
Explanation:
Required Supplementary Information (RSI) of a state or local government includes the Management’s Discussion and Analysis (MD&A) section. Other than this, there is a separate section which includes the following:
- Schedules
- Statistical Data
- Budgetary Comparison Schedules & Other Information.
Required Supplementary Information includes Budgetary comparison schedules but does not includes remaining options given the question such as Individual fund statements and Combining statements.
Answer: <em>Continuum of long-term care
</em>
Explanation:
The continuum of long term care mostly includes several levels of personal care and health care service that are available. It is normally referred to as the levels of housing, health care and supportive services that are available to an individual in a given area or locality. These are also referred to as the complete range of the long-term care applications that tends to increases in level of complexity and acuity from one point to other.