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smitch6 smitch6
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6 years ago
In a two-period SOE model, holding everything else constant, an increase in current income
A) unambiguously increases the current account surplus.
B) unambiguously decreases the current account surplus.
C) has an uncertain effect on the current account surplus.
D) must reduce the present value of taxes.
E) has no effect on the current account surplus.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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Blade73Blade73
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6 years ago
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smitch6 Author
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6 years ago
Thanks
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This calls for a celebration Person Raising Both Hands in Celebration
Ctownsend
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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