Assume that Papau New Guinea has a domestic investment of 1500 billion private domestic savings...
70.2K
Verified Solution
Link Copied!
Question
Basic Math
Assume that Papau New Guinea has a domestic investment of 1500 billion private domestic savings of 3000 billion and a government deficit of 2000 billion Based on the national saving and investment identity what is Papau New Guinea s trade deficit if government spending rises by 1000 billion Enter your answer in billions of dollars trade deficit 500 Incorrect billion
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
