The balance of payments equals
(a) The difference between household spending over earnings
(b) The difference between government expenditure over its income
© A measure of the value of economic transactions between residents of a country and rest of the world
(d) The difference between inflation and unemployment.
(a) The difference between household spending over earnings
(b) The difference between government expenditure over its income
© A measure of the value of economic transactions between residents of a country and rest of the world
(d) The difference between inflation and unemployment.