Question
74)The government collects tax revenues of $5 million and spends $3 million. Private sector saving is $4 million and private investment is $6. The current
74)The government collects tax revenues of $5 million and spends $3 million. Private sector saving is $4 million and private investment is $6. The current account balance is...
a.$0.
b.$9 million.
c.-$4 million.
d.$4 million.
75)_____ play key roles in the determination of the shape of the aggregate demand curve.
a.Technology and financial markets.
b.Money and input prices.
c.Money and financial markets.
d.Input prices and technology.
76)Hapolonia has net exports of $100, net payments of investment income of $20 and net receipts of transfers of $10. Its current account balance is...
a.$90.
b.$110.
c.$70.
d.$130.
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