Multiple Choice
The accounting relationship between the budget deficit and the trade deficit may be expressed as ____.
A) G + T = (S + I) + (X − IM)
B) G − T = (S + I) + (X + IM)
C) (X − IM) = (S − I) − (G − T)
D) (X − IM) = (S + I) − (G − T)
Correct Answer:
Verified
Correct Answer:
Verified
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