You are asked to assess whether the Republic of Arbraria is running unsustainable current account deficits. This is the information provided. First, during the last three years, Arbraria has run current account deficits oscillating at about 5 percent of GDP. Second, the annual growth rate of Arbraria is 6 percent. Third, the stock market index has declined about 30 percent in the previous year. Fourth, residential investment has increased in the previous three years from 5 ito 15 percent of GDP. Last, world real interest rates are about 3 percent per year