ings by businesses 12 percent Private investment 18 percent Net taxes paid 15 percent Government spending 17 percent Based on the table above, the current account balance is
ings by businesses 12 percent Private investment 18 percent Net taxes paid 15 percent Government spending 17 percent Based on the table above, the current account balance is
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 10SCQ: Explain the relationship between a current account deficit or surplus and the flow of funds.
Related questions
Question
Savings by households | 5 percent |
Savings by businesses | 12 percent |
Private investment | 18 percent |
Net taxes paid | 15 percent |
Government spending | 17 percent |
Based on the table above, the current account balance is
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