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The uses-of-saving identity shows that if the government budget deficit rises, then one of the follo

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The uses-of-saving identity shows that if the government budget deficit rises, then one of the follo

The uses-of-saving identity shows that if the government budget deficit rises, then one of the following must happen.
A) Private saving must fall, investment must rise, and/or the current account must rise.
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 fall, and/or the current account must fall.

Textbook

Macroeconomics

Edition: 8^th

Authors: Abel, Bernanke, Croushore

Read 124 times

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johnpaul92 Author

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8 years ago

Appreciate your help, thank you again

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supaman

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8 years ago

Every little bit helps, right? Glad I solved your question

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