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X Is Exports, M Is Imports, T Is Net Taxes

Question 266

Multiple Choice

X is exports, M is imports, T is net taxes, G is government expenditure, C is consumption expenditure, S is saving, and I is investment. Which of the following equations represents the private sector balance?


A) X - M
B) T - G
C) S - I
D) C + S + T

Correct Answer:

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