5. The uses-of-saving identity states that private saving equals the sum of investment, the government budget deficit,
Question:
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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Macroeconomics Plus Myeconlab With Pearson Global Edition
ISBN: 377221
9th Canadian Edition
Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore
Question Posted: