Question: Based on the data from bea.gov how much was the government purchases as a percentage of the US GDP in the year 2022? (Use the

Based on the data from bea.gov how much was the government purchases as a percentage of the US GDP in the year 2022? (Use the annual data)

O 17.46%

15.2%

O 25.6%

22.8%

A country goes from being a net creditor country (positive NFA) to a net debtor country (negative NFA) over a few years. Which of the following is likely to be observed over those years?

The country has been running a capital account surplus.

The country has been running a current account surplus.

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