Statistics show china has a huge savings rate and huge, Ask an Expert

Economics

Statistics show China has a huge savings rate and huge trade surpluses. In contrast, the U.S. has very small savings rates and very large trade deficits. What national income accounting can explain this? Discuss and reference equations and/or the circular flow diagram of income-output.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91819983

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