A consumer of a single commodity is in equilibrium when

A consumer of a single commodity is in equilibrium when
A. his marginal utility is equal to zero
B. he can equate his demand with price
C. he equates marginal utility and price
D. he can equate his marginal and total utilities
Correct Option: Answer is B
The capital account of the balance of payments records transactions that involve the purchase or sale of assets, such as stocks, bonds, and real estate. Foreign investment and long-term securities are considered capital assets, and therefore, transactions involving these assets are recorded in the capital account.

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