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Author Question: The current account balance tabulates the value of a country's exports of goods and services minus ... (Read 32 times)

jrubin

  • Hero Member
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  • Posts: 552
on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


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