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    Exam 15: Inflation: Phillips Curves and Neo-Fisherism
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    The Current Account Surplus Is NOT
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The Current Account Surplus Is NOT

Question 24

Question 24

Multiple Choice

The current account surplus is NOT


A) private saving less government deficit.
B) output less taxes and trade deficit.
C) the excess of national savings over investment.
D) the trade balance.
E) the negative of the current account deficit.

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