The economy is in equilibrium when [I + G = S + T], assuming there is

Name: The economy is in equilibrium when [I + G = S + T], assuming there is
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Question

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The equation I + G = S + T only takes into account domestic factors, so the presence or absence of foreign trade, positive or negative net exports, does not affect the equilibrium condition. However, without government or taxes (option A) there would not be any government spending or revenue, so the equation would not include those terms.

The Economy Is in Equilibrium When [I + G =