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7 Which of the following is not included in the current account? a) Trade in goods b) Portfolio investment 0) Net transfers d) Investment income

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7 Which of the following is not included in the current account? a) Trade in goods b) Portfolio investment 0) Net transfers d) Investment income 8 A supply curve that is horizontal a) Has an elasticity equal to 1 b) Is perfectly inelastic c) Is relatively elastic d) Has an elasticity equal to innity

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