With regard to identity 13-2, (a) Rewrite it for a current account surplus and then (b) Solve

Question:

With regard to identity 13-2, 

(M-X) Current account deficit (Net borrowing abroad) (G-T) (I-S) government deficit + private investment

(a) Rewrite it for a current account surplus and then 

(b) Solve it for a budget surplus and then 

(c) For private saving.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

International Economics

ISBN: 9781119554929

13th Edition

Authors: Dominick Salvatore

Question Posted: