Tuesday, February 9, 2016

Unit 2- Statistical Adjustments/ Budget and Trade


Statistical Adjustment

  1. Indirect Business Taxes
  2. Consumption of Fixed Capitals
    • AKA depreciation
  3. Net Foreign Factor Payment

Budget Surplus/ Deficit
(+) positive = deficit
(-) negative = surplus

Trade Surplus/ Deficit
(+) positive = surplus
(-) negative = deficit




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