Asked by
Brayden Salomon
on Dec 16, 2024
Verified
Since 1983,U.S.has typically run a financial account surplus.
Financial Account Surplus
A situation where the incoming financial resources (like foreign investments) into a country exceed the resources flowing out of the country.
- Gain an understanding of surplus and deficit in financial accounts and their resultant effects.
Verified Answer
JL
Learning Objectives
- Gain an understanding of surplus and deficit in financial accounts and their resultant effects.