Multiple Choice
In 2008, the U.S. current account balance was -$706 billion, net interest was +$119 billion, net transfers were -$128 billion, and exports were +$1,827 billion. Therefore, imports were--------------------.
A) +$1,112 billion
B) -$2,524 billion
C) +$2,780 billion
D) +$2,524 billion
E) -$1,112 billion
Correct Answer:
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