Suppose in the goods market equilibrium of an open economy, saving is $6 billion, and investment is $8 billion. Assume there is no measurement error. Then capital and financial account balance is equal to X -$2 billion $0 billion $4 billion $2 billion

Suppose in the goods market equilibrium of an open economy, saving is $6 billion, and investment is $8 billion. Assume there is no measurement error. Then capital and financial account balance is equal to X -$2 billion $0 billion $4 billion $2 billion

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Suppose in the goods market equilibrium of an open economy, saving is $6 billion, and
investment is $8 billion. Assume there is no measurement error. Then capital and financial
account balance is equal to
X
-$2 billion
$0 billion
$4 billion
$2 billion

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