The uses-of-saving identity shows that if the government budget deficit rises, then one of the following must happen:
A) private saving must rise, investment must fall, and/or the current account must fall.
B) private saving must rise, investment must fall, and/or the current account must rise.
C) private saving must rise, investment must rise, and/or the current account must fall.
D) private saving must rise, investment must rise, and/or the current account must rise.
Correct Answer:
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