Asked by Melanie Hershock on May 18, 2024

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In 2009,we ran a capital account surplus of $___________ billion.

Capital Account

A national account that records transactions involving the purchase and sale of assets, such as property and stocks, between residents of one country and those of others.

Surplus

The amount by which the quantity supplied of a product exceeds the quantity demanded at a specific (above-equilibrium) price.

  • Acquire knowledge about the balance of payments and its components.
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Nicolas DryzunMay 20, 2024
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421