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in Open Economy Macroeconomics by (26.1k points)
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Among the following, identify the concepts

(i) Trade deficit

(ii) Budget deficit

(a) G + T

(b) T + X

(c) G - T

(d) G + M

(e) X - M

(f) X + M

1 Answer

+1 vote
by (26.7k points)
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Best answer

(i) (e) X-M

(ii) (c) G-T

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