Based on the table below, which of the following is likely to be true? a. From the first period to the second, the U.S. is using an increasing current account surplus to finance consumption. b. From the first period to the second, the U.S. is using an increasing financial account surplus to finance the larger budget deficit. c. From the first period to the second, public saving is increasing. d. From the first period to the second, the U.S. financial account deficit is increasing.
Based on the table below, which of the following is likely to be true? a. From the first period to the second, the U.S. is using an increasing current account surplus to finance consumption. b. From the first period to the second, the U.S. is using an increasing financial account surplus to finance the larger budget deficit. c. From the first period to the second, public saving is increasing. d. From the first period to the second, the U.S. financial account deficit is increasing.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter32: Macroeconomic Policy Around The World
Section: Chapter Questions
Problem 24CTQ: Explain why is it difficult to set aside funds for investment when you are in poverty.
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Based on the table below, which of the following is likely to be true?
a. From the first period to the second, the U.S. is using an increasing current account surplus to finance consumption.
b. From the first period to the second, the U.S. is using an increasing financial account surplus to finance the larger budget deficit.
c. From the first period to the second,
d. From the first period to the second, the U.S. financial account deficit is increasing.
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