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-   -   Budget Surplus (https://www.askmehelpdesk.com/showthread.php?t=757583)

  • Jul 10, 2013, 12:27 PM
    Talia59
    Budget Surplus
    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?

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