If the U.S. current account deficit is $400 billion, and if the statistical discrepancy is zero, what

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If the U.S. current account deficit is $400 billion, and if the statistical discrepancy is zero, what is the financial account balance? Does this financial account balance represent a net capital outflow or a net capital inflow?

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Money Banking And The Financial System

ISBN: 1801

3rd Edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Jan 03, 2019 11:38 AM

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If the U.S. current account deficit is $400 billion, and if the statistical discrepancy is zero, what

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The financial accoun...View the full answer

Money Banking And The Financial System

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