Question
Sectoral Balances. Some people think that the U.S. trade deficit is too high and that we should lower it. If the trade deficit decreased, what
Sectoral Balances.Some people think that the U.S. trade deficit is too high and that we should lower it. If the trade deficit decreased, what does the sectoral balance equation[1]imply would have to happen to domestic (U.S) investment, domestic private savings, and the government budget deficit?
[1](M-X) = (I-SP) + (G+TR-T)
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Managerial Economics And Financial Analysis
Authors: M.S. Bhat, A.V. Rau
1st Edition
9352300211, 978-9352300211
