Suppose that GDP is equal to 1,000, national saving is equal to 200, the current account deficit is equal to 100, and the government budget deficit is equal to 50. Investment must equal
A) 200.
B) 150.
C) 250.
D) 300.
E) 350.
Correct Answer:
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Q13: National savings must equal
A)Y - NFP +
Q14: When there is rapid inflation
A)growth in nominal
Q15: Government expenditures does NOT include
A)government consumption.
B)provincial and
Q16: Even when measured accurately, GDP may be
Q17: Significant problems with measuring real GDP and
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