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6. If a nations income exceeds its spending, then a. Savings will be less than domestic investment. b. The nation must run a current-account deficit.

6. If a nations income exceeds its spending, then a. Savings will be less than domestic investment. b. The nation must run a current-account deficit. c. The balance of payments will have deficits for the next two years. d. The nation must run a capital-account deficit

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