2. Using quarterly data since 1961, graph output and absorption (both in real terms) in the same...
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2. Using quarterly data since 1961, graph output and absorption (both in real terms) in the same figure. In another figure, graph real investment, national saving, and the current account balance for the same period. (Use real GNP, which includes net factor payments, as the measure of output and/or income.) What is the relationship between the two figures?
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