1.A financial surplus must result in the net acquisition of financial assets. Assume that you are in normal employment and that you regularly run a financial surplus. Assume further that you make no...

1.A financial surplus
must
result in the net acquisition of financial assets. Assume that



you are in normal employment and that you regularly run a financial surplus. Assume


further that you make no conscious decision to buy financial assets. What financial


assets will you inevitably acquire?



2
If your income and capital account showed that you had made a ‘negative net


acquisition of financial assets’, what would this mean in practice?







May 18, 2022
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