RDP 2007-02: Current Account Defi cits: The Australian Debate Equation (A2)

C A t ≡ B t + 1 − B t = r B t + Y t − C t − G t − I t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaacbiGaa83qai aa=feadaWgaaWcbaGaamiDaaqabaGccqGHHjIUcaWGcbWaaSbaaSqa aiaadshacqGHRaWkcaaIXaaabeaaiiaakiab+jHiTiaadkeadaWgaa WcbaGaamiDaaqabaGccqGH9aqpcaWGYbGaamOqamaaBaaaleaacaWG 0baabeaakiabgUcaRiaadMfadaWgaaWcbaGaamiDaaqabaGccqGFsi slcaWGdbWaaSbaaSqaaiaadshaaeqaaOGae4NeI0Iaam4ramaaBaaa leaacaWG0baabeaakiab+jHiTiaadMeadaWgaaWcbaGaamiDaaqaba aaaa@506D@