The current account balance tabulates the value of a country's ...

[jrubin]

The current account balance tabulates the value of a country's exports of goods and services minus the value of its imports of goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Using C to represent consumption, I to represent investment, G to represent government spending, S to represent saving, X to represent exports, and M to represent imports, aggregate expenditures can be represented by:
 a. C + I + G + (X + M).
  b. (C  S) + G + (X  M).
  c. C + I + G + (X  M).
  d. C + I + G + (X  M)  S.

[xoxo123]

Answer to Question 1

True

Answer to Question 2

c