Household finances are similar in some ways to a, Ask an Expert

Economics

Household finances are similar in some ways to a nation’s international transactions.

A) Suppose a household consumes (spends) more than its income. What are 3 legal ways it can finance this deficit? Give an example of each.

B) How can a nation that runs a persistent Current Account deficit finance its excess consumption?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91423745

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