Define X = exports, M = imports, S = saving, I = investment, T = net taxes, G = government expenditure.Which of the following formulas is correct?
A) X - M = S + I + T - G
B) X - M = S - I + T - G
C) X - M = S - I - T - G
D) X - M = S + I +T + G
E) X - M = S + I -T + G
Correct Answer:
Verified
Q83: Q84: The private sector balance is equal to Q85: Which of the following are balance of Q86: If private savings equals $1.2 billion and Q87: A country's balance of payments accounts records Q89: The private sector balance equals Q90: Which balance of payments account records payments Q91: The current account balance is equal to Q92: In the United States, the main source Q93:
A) saving plus
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