Question: 1. (Short Answer Questions) First, answer whether the statement for each question is true, false, or uncertain. Then explain why your answer is true, false:

 1. (Short Answer Questions) First, answer whether the statement for each

1. (Short Answer Questions) First, answer whether the statement for each question is true, false, or uncertain. Then explain why your answer is true, false: or uncertain. The easiest way to show a statement is false is to provide a counterexample. Points will be given based 011 your explanation, not the answer itself. Your answer must not exceed 5 lines. (a) (True/ False / Uncertain Question: 10 points ) The country A recorded a current account surplus in 2022. Then the country A experienced a net capital inow in 2022. (1)) (True/ False / Uncertain Question: 10 points) No Ponzi condition implies that a country's debt cannot grow to innity. (c) (True/ False / Uncertain Question: 10 points) The endowment economy models can predict a countercyclical trade balance. if it features a permanent income shock

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