If the fiscal deficit of an economy be 3% of GDP and if the current account deficit also be 3% of GDP in a particular year for that economy, then its aggregate saving must be equal to aggregate investment. The above statement is
Tap an option to check your answer.
Checking your account…
National income accounting has come up 132 times in 6 exams since 2010.
This question is on Saving and investment identities, part of National income accounting in Macroeconomics.
The accounting links between saving, investment, the government budget and the current account.
TestStop has 8 past-paper questions on this subtopic.
Question from the JNU SSS 2015 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.