hi
what this equation means ?
(G-T) = (S-I) - (X-M)
To me is it mean that when the Govt is in fiscal deficit it must increase imports ? is it the right interpretation ? thanks
hi
what this equation means ?
(G-T) = (S-I) - (X-M)
To me is it mean that when the Govt is in fiscal deficit it must increase imports ? is it the right interpretation ? thanks