Question
15. Currently, country X is running a large trade surplus and a large government budget deficit. This means that _______. A. domestic investment in country
15. Currently, country X is running a large trade surplus and a large government budget deficit. This means that _______.
A. domestic investment in country X exceeds domestic savings
B. domestic savings in country X exceeds domestic investment
C. neither (a) nor (b), because the trade surplus and the budget deficit may balance each other out
D. domestic savings in country X equals domestic investment
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
