i.Using the variables above illustrate how the expenditure and income components of GNP can be rearranged so
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Question:
i.Using the variables above illustrate how the expenditure and income components of GNP can be rearranged so as to identify the macroeconomic relationship between the current account; investment; and public and private savings.Explain how a country's saving (private and public) can be applied to fund domestic and/or foreign investment. (10 points)
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