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    Exam 14: Macroeconomics in an Open Economy
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    If CAB = Current Account Balance, I = Private Sector
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If CAB = Current Account Balance, I = Private Sector

Question 60

Question 60

Multiple Choice

If CAB = current account balance, I = private sector investment, S = national saving and NX = net exports, then:


A) CAB + I = S.
B) CAB + NX = S.
C) I = CAB - S.
D) CAB = I + NX.

Correct Answer:

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