In the national savings and investment identity framework, an inflow of savings from abroad is, by definition, equal to _______.
a. private sector investment
b. the trade surplus
c. the trade deficit
d. domestic household savings
c. the trade deficit
Economics
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The period between ________ is commonly regarded by economists as a "golden age" of rapid productivity growth in the United States
A) 1898 and 1929 B) 1920 and 1940 C) 1933 and 1965 D) 1948 and 1973
Economics
If the quantity demanded of product S increases as the price of product T decreases, then S and T are complements
a. True b. False Indicate whether the statement is true or false
Economics