Question
Equality between aggregate expenditure and aggregate output implies that the government's fiscal deficit must equal: A. Private saving Investment Net exports B. Private saving Investment
Equality between aggregate expenditure and aggregate output implies that the government's fiscal deficit must equal:
A. Private saving Investment Net exports
B. Private saving Investment + Net exports
C. Investment Private saving + Net exports
Please provide a thorough explanation along with the correct answer.
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Microeconomics
Authors: Dean S. Karlan, Jonathan J. Morduch
2nd edition
1259813337, 1259813339, 978-1259813337
