The great country of Naboombu has private savings of $700 billion, investment of $800 billion, tax revenue of $500 billion, and ment expenditures of $350 billion. What is the trade balance, does the country have a trade surplus or deficit, and is the net lender or borrower international (respectivelyl? the trade balance is $50 billion, the country has a trade surplus, and the country is a net borrower internationally the trade balance is $-150 billion, the country has a trade deficit, and the country is a net lender internationally the trade balance is $50 billion, the country has a trade surplus, and the country is a net lender internationally x the trade balance is $-50 billion, the country has a trade deficit. and the country is a net borrower internationally

The great country of Naboombu has private savings of $700 billion, investment of $800 billion, tax revenue of $500 billion, and ment expenditures of $350 billion. What is the trade balance, does the country have a trade surplus or deficit, and is the net lender or borrower international (respectivelyl? the trade balance is $50 billion, the country has a trade surplus, and the country is a net borrower internationally the trade balance is $-150 billion, the country has a trade deficit, and the country is a net lender internationally the trade balance is $50 billion, the country has a trade surplus, and the country is a net lender internationally x the trade balance is $-50 billion, the country has a trade deficit. and the country is a net borrower internationally

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter4: The Aggregate Economy

Section: Chapter Questions

Problem 5E

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