1.3. a. Consider two headlines: Money is pouring into the U.S. faster than ever versus International Finance...

Question:

1.3.

a. Consider two headlines: "Money is pouring into the U.S. faster than ever" versus International Finance • CHAPTER 20 • 455

"Record U.S. trade deficit." How can both be true simultaneously?

b. Consider two headlines: "Money is fleeing the U.S. faster than ever" ver us "Record U.S. trade surplus." How can both be true simultaneously?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

Question Posted: