Answered: In an open economy, it is impossible to…

In an open economy, it is impossible to have national saving equal to domestic investment. Answer true, false, or uncertain. Please briefly explain your answer.

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter7: Economic Growth: Theory And Policy

Section: Chapter Questions

Problem 3DQ

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In an open economy, it is impossible to have national saving equal to domestic investment.
Answer true, false, or uncertain.

Please briefly explain your answer.

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