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question 81

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Answer the following questions:
-second revolution


Definitions:

Foreign Assets

Investments in foreign countries, including stocks, bonds, real estate, or direct investments in business ventures.

Current Account

Part of a country's balance of payments, it includes the trade balance, net income from abroad, and net current transfers.

Capital Account

A national account that records transactions involving the purchase and sale of assets, such as property rights and stocks, between residents and non-residents.

Personal Savings Rate

The percentage of personal disposable income that is saved by households rather than spent on consumption.

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