Question
Assume the economy is open to capital inflows and outflows and therefore net capital inflow equals imports (IM) minus exports (X). Answer each of the
Assume the economy is open to capital inflows and outflows and therefore net capital inflow equals imports (IM) minus exports (X). Answer each of the following questions.
- X = $60 millionIM = $95 millionPrivate savings = $325 millionI = $300 million
Calculate the budget balance.
- Private savings = $325 millionI = $400 millionBudget balance = $10 million
Calculate IM X.
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Justice In A Global Economy Strategies For Home, Community, And World
Authors: Rebecca Todd Peters, Pamela K Brubaker, Laura A Stivers
1st Edition
0664229557, 9780664229559
