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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 41
Which one of the following statement is the most accurate?
A) As a percentage of GDP, the United States has the highest current account surplus of any nation.
B) As a percentage of GDP, the United States has the highest current account deficit of any nation.
C) As a percentage of GDP, our current account deficit is roughly the same as it was 10 years ago.
D) Our current account deficit is rising at an unsustainable pace.
A) As a percentage of GDP, the United States has the highest current account surplus of any nation.
B) As a percentage of GDP, the United States has the highest current account deficit of any nation.
C) As a percentage of GDP, our current account deficit is roughly the same as it was 10 years ago.
D) Our current account deficit is rising at an unsustainable pace.
Explanation
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Microeconomics 9th Edition by Stephen Slavin
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