Talia59
Jul 10, 2013, 12:27 PM
The Economist estimates that Hong Kong will have a budget surplus equal
To 2.1% of GDP in 2013 (i.e. (G-T will be 2.1% of GDP). The Economist also
Estimate that Hong Kong will have a current account surplus equal to 1.2% of
GDP in 2013.
Together, these estimates suggest that the level of private saving in Hong Kong
Will exceed the level of domestic investment in Hong Kong in 2013.
TRUE or FALSE ?
Answer: I chose False is that correct?
To 2.1% of GDP in 2013 (i.e. (G-T will be 2.1% of GDP). The Economist also
Estimate that Hong Kong will have a current account surplus equal to 1.2% of
GDP in 2013.
Together, these estimates suggest that the level of private saving in Hong Kong
Will exceed the level of domestic investment in Hong Kong in 2013.
TRUE or FALSE ?
Answer: I chose False is that correct?