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Suppose that U.S. national saving and U.S. domestic private investment are both fixed, with saving lower than investment.Would you expect declines in imports of crude
Suppose that U.S. national saving and U.S. domestic private investment are both fixed, with saving lower than investment.Would you expect declines in imports of crude oil to have an impact on the size of the U.S. current account deficit?Briefly explain using national income identities.
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