Refer to the scenario above. This implies that the country experienced a ________ during that year
A) trade deficit B) budgetary surplus C) budgetary deficit D) trade surplus
A
Economics
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If the current account is in deficit, imports of goods and services exceed exports of goods and services (plus net unilateral transfers)
a. True b. False
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With modern sector enrichment growth, inequality will
a. first rise and then fall. b. first fall and then rise. c. remain about the same. d. None of the above.
Economics