Suppose an economy has a trade deficit of $380 billion, private domestic savings of $150 billion, and private domestic i
Posted: Wed Jul 06, 2022 6:20 am
Suppose an economy has a trade deficit of $380 billion, private domestic savings of $150 billion, and private domestic investment of $750 billion. How much is the government surplus? Recall the savings investment formula: S+ (M-X) = 1 + (G-T) Provide your answer below: $ SA billion