Question

Suppose an economy has a private domestic savings of $444 billion, a government deficit of $210...

Suppose an economy has a private domestic savings of $444 billion, a government deficit of $210 billion, and private domestic investment of $400 billion. How much is the trade deficit (in billions of dollars)?

Recall the savings investment formula:   S + (M – X) = I + (G - T)

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Private domestic Saviug (S) $uu gort deyicit h-T)- R10 Private domestic nvutmedt uo0 Saut nvstmeut forsmuda St (M-X) I -T) wu

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