Anyone know what a government's current account is? I presume it's government current spending (as opposed to capital and transfers?), but that's only a guess.
NB: GOVERNMENT'S current account, not the current account of the balance of payments.
Little question I got asked. Watch
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Last edited by Ignatich; 01-12-2010 at 23:02.
- 01-12-2010 20:47
- 01-12-2010 21:45
Explains the Balance of Payments and what it constitutes of (one part is called the current account.)