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Domestic investment in Country A amounts to $31 billion, while private domestic savings amounts to $9 billion, tax revenue amounts to $1 1 billion, and
Domestic investment in Country A amounts to $31 billion, while private domestic savings amounts to $9 billion, tax revenue amounts to $1 1 billion, and government spending amounts to $3 billion. Using the national saving and investment identity, which of the following statements is correct about Country A? Select the best answer. Answer Keypad Keyboard Shortcuts Country A has a budget deficit of $8 billion. Country A has a trade surplus of $14 billion. Other things being equal, private domestic savings needs to rise to $23 billion to reach a trade balance
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