Suppose That National Saving Is $1456 Billion,investment Is $1945 Billion,and

question 47

Multiple Choice

Suppose that national saving is $1456 billion,investment is $1945 billion,and private saving is $1590 billion.How much is the current account balance?

• A)$489 billion
• B)$221 billion
• C)-$221 billion
• D)-$489 billion

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Definitions:

Northern Women

Refers to women living in the northern United States, historically known for their roles in abolition and women's rights movements.

Southern Women

Women who lived in the Southern United States, known for their unique societal roles and challenges, especially during the 19th and early 20th centuries.

Emancipation Proclamation

An executive order issued by President Abraham Lincoln on January 1, 1863, that declared all slaves in Confederate-controlled territory to be permanently free.

Moral Document

A term often describing budgets or financial plans that reflect the values and priorities of a government or organization.