A current account deficit means that: MCQ with Answer and Explanation

Explanation:
In the short run, a firm shuts down if price is less than average variable cost.

Explanation:
Default effects show that the pre-set option exerts a strong influence on behaviour; many people stick with the default even when opting out is easy, making defaults a powerful policy tool.

Explanation:
Disinvestment refers to the sale of government-held shares in public sector enterprises to private investors or the public, thereby reducing the government's ownership stake.