The current account balance is equal to
A. Trade balance + services balance - capital account balance.
B. Total payments made by residents of the United States to foreigners plus total payments made by foreigners to residents of the United States.
C .Trade balance + unilateral transfers.
D. Trade balance + services balance + capital account balance.
A current account balance includes the net sum of exports/imports made of goods + services and + transfer of money.
So it is D. Trade balance + services balance + capital account balance.
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In the mid-1970s, Newsweek magazine reported that the city of Atlanta lowered its city bus fares from 40 cents to 15 cents a passenger. The number of bus riders increased by 15 percent after the fare cut
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