If you get cash for your birthday, you have experienced a:

Question

Quizplus · Accepted Answer

When you receive cash as a gift, it is considered a financial transaction and therefore contributes to a financial account surplus. A current account surplus would refer to a surplus in trade, while a capital account surplus would involve transactions related to capital assets such as investments or property. Option D is incorrect because cash gifts do not contribute to the capital account.

If You Get Cash for Your Birthday, You Have Experienced