Question
Consider an economy with the following information: real GDP Y= $60, C = $30, G = $12, I = $10, official settlement balance = 0,
Consider an economy with the following information: real GDP Y= $60, C = $30, G = $12, I = $10, official settlement balance = 0, capital inflow = $8 and net interest transfers received = $5. What is the current account balance of this economy?
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The Levelling What's Next After Globalization
Authors: Michael O'Sullivan
1st Edition
1541724089, 9781541724082
