In 2006,the United States had
A) a surplus in the current account.
B) a balance in the current account.
C) a deficit in the current account.
D) From 2006 data, it is too difficult to determine whether a surplus or a deficit existed in the current account.
E) a positive balance of net financial flows.
Correct Answer:
Verified
Q1: Net unilateral transfers
A) are part of a
Q5: National income equals GNP
A) less depreciation, less
Q7: The United States began to report its
Q8: GDP is different than GNP in that
A)
Q10: The highest component of GNP is
A) the
Q11: Movements in GDP
A) differ greatly from movements
Q15: An example of how GNP accounts for
Q17: A country's gross national product (GNP) is
A)
Q19: Purchases of inventories by
A) firms are not
Q20: GDP is supposed to measure
A) the volume
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents