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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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