5. The uses-of-saving identity states that private saving equals the sum of investment, the government budget deficit,

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5. The uses-of-saving identity states that private saving equals the sum of investment, the government budget deficit, and the current account balance. Equivalently, national saving equals the sum of investment and the current account balance.

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Macroeconomics Plus Myeconlab With Pearson Global Edition

ISBN: 377221

9th Canadian Edition

Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore

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