Asked by
Stacy Wit-two
on Dec 17, 2024
Verified
Which of the following equations is correct?
A) S = I + C
B) S = I − NX
C) S = I + NCO
D) S = NX − NCO .
NX
Stands for Net Exports, which is the difference between a country's total value of exports and total value of imports.
Equations
Mathematical statements that assert the equality of two expressions, often used in modeling relationships in various sciences.
- Absorb the key concepts of saving and investment, and their determinants in the context of a country's trade balance.
Verified Answer
YS
Learning Objectives
- Absorb the key concepts of saving and investment, and their determinants in the context of a country's trade balance.