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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 62
Circle the letter that corresponds to the best answer. Running mounting current account deficits is analogous to __________.
A) running up debt on a credit card
B) taking money out of one pocket and putting it in another
C) owing money to ourselves
D) borrowing money that never has to be repaid
A) running up debt on a credit card
B) taking money out of one pocket and putting it in another
C) owing money to ourselves
D) borrowing money that never has to be repaid
Explanation
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Verified
Running mounting current account deficit...
Macroeconomics 11th Edition by Stephen Slavin
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