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Provide an economic interpretation for the following equation. I = SPRV + SGOV + NCI What are the implications of the government running a budget
- Provide an economic interpretation for the following equation.
I = SPRV + SGOV + NCI
- What are the implications of the government running a budget deficit in this context?
- How is this equation different from the case where the economy is closed?
- What is the share of investment in U.S. GDP? foreigners play an important role in this process?
- How does the U.S. saving-investment relationship compare to that of Japan in recent years?
- What could be a potential "fill in the blank" question based on this particular question.
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Macroeconomics
Authors: David C. Colander
10th edition
1259663043, 1259663048, 978-1259663048
