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Answer to Question #57077 in Finance for Shamsudeen AbdulRahman
Question #57077
If we add up the current account balances for every nation in world, the overall balance will equal
Select one:
a. the size of world GDP.
b. spending minus savings.
c. zero.
d. the value added in all sectors of each nation.
Select one:
a. the size of world GDP.
b. spending minus savings.
c. zero.
d. the value added in all sectors of each nation.
Expert's answer
The right answer is A – the size of world GDP (General domestic product).
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