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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

What are the two main sides of the national savings and investment identity?

To determine

The two sides of the national savings and investment identity are to be determined.

Explanation

The supply of money finance and demand for the finance money is the main two sides of the national savings and investment identity.

The supply of finance money comprised of two amounts i.e. savings and trade deficit. Savings are of households and companies i...

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