Question
6) If real income is 250b and the amount of domestic absorption is 322b, what is the current account balance? A) The current account deficit
6) If real income is 250b and the amount of domestic absorption is 322b, what is the current account balance?
A) The current account deficit is 72b.
B) The current account surplus is 72b.
C) The current account deficit is 572b.
D) The current account surplus is 572b.
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
