Question
The US government ran a budget deficit of $4,225 billion in 2020. The US net imported $804 billion in 2020. What was the private sector
The US government ran a budget deficit of $4,225 billion in 2020. The US net imported $804 billion in 2020. What was the private sector net balance (rounded to the nearest billion) using the sectoral balances equation? Please show your work and references.
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Economics
Authors: R. Glenn Hubbard
6th edition
978-0134797731, 134797736, 978-0134106243
