Saving exceeded investment and the government is running a, Ask an Expert

Economics

Define saving and investment. Data for the simple economy of Newt show that in 2011, saving exceeded investment and the government is running a balanced budget. What is likely to happen? What would happen if the government were running a deficit and saving were equal to investment?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9676284

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