In the equation (Y - T - C)+ (T - G)+ (IM - EX)= I,the left-hand side is called:
A)investment.
B)private saving.
C)total saving.
D)government debt.
E)public saving.

Name: In the equation (Y - T - C)+ (T - G)+ (IM - EX)= I,the left-hand side is called: A)investment. B)private saving. C)total saving. D)government debt. E)public saving.
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Question

Quizplus · Accepted Answer

The left-hand side of the equation represents total saving, which includes private saving (Y - T - C), public saving (T - G), and the net exports component (IM - EX).

In the Equation (Y - T - C)+ (T -