The current account includes changes in a. net exports, net foreign investment income, and import transfers. b. net flows of goods and changes private consumption spending. c. net transfers of non-financial assets and flows of goods and income. d. net foreign investment income, net exports,

The current account includes changes in a. net exports, net foreign investment income, and import transfers. b. net flows of goods and changes private consumption spending. c. net transfers of non-financial assets and flows of goods and income. d. net foreign investment income, net exports,

Principles of Macroeconomics (MindTap Course List)

7th Edition

ISBN:9781285165912

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Open-Economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 3QCMC

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Question

The current account includes changes in
a. net exports, net foreign investment income,
and import transfers.
b. net flows of goods and changes private
consumption spending.
c. net transfers of non-financial assets and
flows of goods and income.
d. net foreign investment income, net exports,
and net transfers.
e. net transfers, net derivatives, and net
investment income.

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