Values of private saving in closed and open economies, International Economics

Assignment Help:

Q. Discuss the values of private saving in closed and open economies.

Answer: In the closed economy private saving Sp is equal to I + (G - T) and in an open economy private saving Sp is equal to I + CA + (G - T). An open economy assists in extending the opportunities for private saving or dissaving or borrowing.


Related Discussions:- Values of private saving in closed and open economies

Explain purchasing power parity, Q. Explain Purchasing Power Parity...

Q. Explain Purchasing Power Parity. Answer: PPP () states that the exchange rate between two countries' currencies equals the ratio of the countries' price levels.

Income distribution, argument about fair distribution of income and gnp as ...

argument about fair distribution of income and gnp as a measurment of economic growth

Effect of a permanent increase in the money supply, Q. Explain the followin...

Q. Explain the following figure: Answer: The figure depict the effect of a permanent increase in the money supply starting from full employment equilibrium. Subsequent to the i

What is an sdr, Q. What is an SDR? Answer: An SDR abbreviation ...

Q. What is an SDR? Answer: An SDR abbreviation of Special Drawing Right at the IMF and holds a place as a world reserve currency some countries especially those that do

Lost decade of latin american growth, Q. The 1980s are considered as the "l...

Q. The 1980s are considered as the "lost decade" of Latin American growth. Explain why? Answer: Whilst the Great Depression made it hard for developing countries to make pa

Factors affecting the position of the aa schedule, Q. Discuss the m...

Q. Discuss the main factors affecting the position of the AA schedule. Answer: Revolutionize in the domestic money supply changes in the domestic price level changes in

Terms of trade, Difference between net barter terms of trade and gross bart...

Difference between net barter terms of trade and gross barter terms of trade

Explain the law of diminishing marginal utility, Question 1 What are the m...

Question 1 What are the main areas of microeconomics that business managers must be familiar with in performing their managerial functions effectively and efficiently? Questio

Partial equilibrium analysis, How can I graph partial equilibrium analysis ...

How can I graph partial equilibrium analysis for demand and supply of two countries who have a transport cost of $5?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd