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Ronch [10]
3 years ago
11

In 2019, Brazil's trade deficit as share of GDP widened. In that year, government deficit as share of GDP declined and investmen

t as share of GDP remained constant. What must have happened to private savings as share of GDP?
Business
1 answer:
ad-work [718]3 years ago
7 0

Answer:

The private savings as a share of the GDP must have declined.

Explanation:

according to the twin deficit hypothesis:

budget deficit = savings + trade deficit - investments

the government deficit as a share of GDP declined and investment as a share of GDP remained constant that means that the savings should decline.

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g Your savings account earns 1.72% interest. You have $3,000 left over from an internship that you will put into the saving acco
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Answer:

It will take 13 years and 66 days

Explanation:

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MrRa [10]

Answer

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