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In Santa Barbara, Private Investment is 30 percent of GDP, and Private Saving is 25 percent of GDP. The Government is running a 4 percent
- In Santa Barbara, Private Investment is 30 percent of GDP, and Private Saving is 25 percent of GDP. The Government is running a 4 percent fiscal surplus. We are therefore expecting a current account balance of: (1) 1 percent, (ii) 7 percent, (iii) zero percent, (iv) negative 1 percent, (v) negative 7 percent.
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Survey of Economics
Authors: Irvin B. Tucker
8th edition
1111989664, 978-1133713357, 1133713351, 978-1111989668
