If real income is 250b and the amount of domestic absorption is 322b, what is the current account balance?
A) The current account deficit is 72b.
B) The current account surplus is 72b.
C) The current account deficit is 572b.
D) The current account surplus is 572b.
A
Economics
You might also like to view...
There are some concerns that technological progress can lead to an increase in unemployment. Explain the two related but separate dimensions of technological progress
What will be an ideal response?
Economics
Which of the following goods is likely to be sold through an auction?
A) A brand new Ford Mustang automobile B) an apple C) A classic 1991 Buick Roadster automobile D) apple juice
Economics