Solved

Suppose That a Country Has $120 Billion of National Saving

Question 61

Essay

Suppose that a country has $120 billion of national saving, and $80 billion of domestic investment. Is this possible? Where did the other $40 billion of national savings go?

Correct Answer:

verifed

Verified

This is possible for an open economy. Th...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions