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smitch6 smitch6
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6 years ago
Persistent current account deficits make sense if
A) the capital account surplus is reduced.
B) government interest rates go down accordingly.
C) the associated foreign borrowing is used to finance increased productive capacity.
D) personal income taxes are reduced.
E) the government budgetary debt is not growing.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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Blade73Blade73
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6 years ago
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