Suppose that over a year a country's national savings amount to $32B, its net exports of current goods and services (EXP - IMP) amount to $26B, its investment is $14B, and its balance on primary income is $4B. How much, in billions of dollars, is the amount of the country's balance on secondary income in that year?
Suppose that over a year a country's national savings amount to $32B, its net exports of current goods and services (EXP - IMP) amount to $26B, its investment is $14B, and its balance on primary income is $4B. How much, in billions of dollars, is the amount of the country's balance on secondary income in that year?
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
Section: Chapter Questions
Problem 4WNG
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Transcribed Image Text:Suppose that over a year a country's national savings amount to $32B, its net exports of current goods and services (EXP
- IMP) amount to $26B, its investment is $14B, and its balance on primary income is $4B. How much, in billions of
dollars, is the amount of the country's balance on secondary income in that year?
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