Define X = Exports, M = Imports, S = Saving

question 59

Multiple Choice

Define X = exports, M = imports, S = saving, I = investment, T = net taxes, G = government expenditure.Which of the following formulas is correct?

• A) X - M = S + I + T - G
• B) X - M = S - I + T - G
• C) X - M = S - I - T - G
• D) X - M = S + I +T + G
• E) X - M = S + I -T + G

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