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Question
______ are those transactions that are undertaken to cover deficit or surplus in autonomous transactions.
Options
Autonomous transactions
Accommodating transactions
Both autonomous transactions and accommodating transactions
None of the above
MCQ
Fill in the Blanks
Solution
Accommodating transactions are those transactions that are undertaken to cover a deficit or surplus in autonomous transactions.
Explanation:
Accommodating transactions are ones that are performed to compensate for a deficit or surplus in autonomous transactions. Only the capital account is used to track these transactions.
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Measures of Government Deficit Or Surpluses
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