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NATIONAL INCOME IDENTITY FOR AN OPEN ECONOMY.
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Marginal propensity to import and 6.4 that is trade deficit, savings and investment.

Mohini Jain
Gold medalist in Economics and graduate from St. Francis. Loves to read novels.

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(4)
U
Unacademy user
N
miss.. how come ,T-G= budget deficit. I think if Taxation is greater than Gov't expenditure, then budget surplus will be there.
S
thank u so much Mam....very well explained in an easy and interesting manner....
thanks for the series
Mohini Jain
9 months ago
Welcome :)