If a nation's income exceeds its spending, then
A) savings will be less than domestic investment
B) the nation must run a current?account deficit
C) the balance of payments will have deficits for the next two years
D) the nation must run a capital?account deficit
Correct Answer:
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Q5: The accounting statement that summarizes all the
Q6: The change in private domestic borrowing or
Q7: In a freely floating exchange rate system,
Q8: In a freely?floating exchange rate system, the
Q9: Suppose Lufthansa buys 10 Boeing 747s for
Q11: In a freely floating exchange rate system,
Q12: In a freely floating exchange rate system,
Q13: The balance on current account includes the
Q14: The US savings deficit can be attributed,
Q17: As the real value of the dollar
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