If S +> G + I then which of the following statements is true?
A) X - M will be negative.
B) X - M will be positive.
C) The country will have a current account deficit.
D) The country will have a capital account surplus.
E) Trade will be balanced.
Correct Answer:
Verified
Q14: When GDP is larger than the sum
Q15: When a country has a trade deficit:
A)
Q16: Which of the following is an injection
Q17: Leakages from the income flow do not
Q18: When a country has a trade surplus,
Q20: To reduce a trade deficit, a country
Q21: To reduce a trade surplus, a country
Q22: Reducing a current account deficit requires:
A) increasing
Q23: A trade deficit _ the indebtedness of
Q24: A record of all economic transactions between
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