Which of the following correctly shows the relationship between savings, the government budget balance, and the current account?
A) S + CA = I + (T - G)
B) S + CA = I + (T + G)
C) S + (T - G) = I + CA
D) S + (T + G) = I + CA
C
Economics
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Refer to the scenario above. Which of the following will happen if she keeps the dress for herself?
A) The GDP of her country will increase by $180. B) The trade deficit of her country will decrease. C) The GDP of her country will remain unchanged. D) The trade surplus of her country will decrease.
Economics
The difference in economic growth in North Korea and South Korea can be primarily attributed to differences in ________
A) the proximate causes of prosperity B) geography C) culture D) institutions
Economics