Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which one the following scenarios is possible if the private savings in a country is exactly equal to private investments? A. The countrys imports equal

Which one the following scenarios is possible if the private savings in a country is exactly equal to private investments?

A. The countrys imports equal its exports and the government runs a budget deficit.

B. The countrys imports exceed the exports and the government has a balanced budget

C. The countrys imports equal its exports and the government has a balanced budget.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Ziglar On Selling The Ultimate Handbook For The Complete Sales Professional

Authors: Zig Ziglar

1st Edition

0785288937, 978-0785288930

More Books