Section 29.4 states: The budget surpluses of the late 1990s occurred at a time of then-record current

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Section 29.4 states: "The budget surpluses of the late 1990s occurred at a time of then-record current account deficits." Holding everything else constant, what would the likely effect have been on domestic investment in the United States during those years if the current account had been balanced instead of being in deficit?
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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