Shelburne, Robert C. (contributor) - 2008
$1.347 trillion; however if the 8 advanced economics (which
includes the U.S.) are excluded there were 72 emerging … directions during the economic business cycle. The current
account is likely to be anti-cyclical; that being, during the boom … deficit will be high. In terms of the accounting identity,
the underlying business cycle factors that cause Sg to improve …