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ation below to calculate the following. (Assume that income receipts and unilateral current and capital transfers across borders are zero.) A. the current account balance B. the merchandise trade balance C. the balance on trade in services U.S. National Income Statistics ($ billions) Gross national product (Y) 55,542 Exports (EX) 7,863 Merchandise exports Exm) 5,442 Imports (IM) 9,777 (Imm) 8.367

ation below to calculate the following. (Assume that income receipts and unilateral current and capital transfers across borders are zero.) A. the current account balance B. the merchandise trade balance C. the balance on trade in services U.S. National Income Statistics ($ billions) Gross national product (Y) 55,542 Exports (EX) 7,863 Merchandise exports Exm) 5,442 Imports (IM) 9,777 (Imm) 8.367

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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2. Use the information below to calculate the following. (Assume that income receipts and unilateral current and capital transfers across borders are zero.) A. the current account balance B. the merchandise trade balance C. the balance on trade in services U.S. National Income Statistics ($ billions) Gross national product (Y) 55,542 Exports (EX) 7,863 Merchandise exports Exm) 5,442 Imports (IM) 9,777 Merchandise imports (Imm) 8,367 Private savings (Sp) 11,760 7,224 Domestic investment (I) 7,191 Taxes (T)
Transcribed Image Text:2. Use the information below to calculate the following. (Assume that income receipts and unilateral current and capital transfers across borders are zero.) A. the current account balance B. the merchandise trade balance C. the balance on trade in services U.S. National Income Statistics ($ billions) Gross national product (Y) 55,542 Exports (EX) 7,863 Merchandise exports Exm) 5,442 Imports (IM) 9,777 Merchandise imports (Imm) 8,367 Private savings (Sp) 11,760 7,224 Domestic investment (I) 7,191 Taxes (T)
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