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Which of the following statements is correct? If S < I, then net exports, NX, is negative (imports are greater than exports). If S < I, then net exports, NX, is positive (imports are greater than

Which of the following statements is correct?

  1. If S < I, then net exports, NX, is negative (imports are greater than exports).
  2. If S < I, then net exports, NX, is positive (imports are greater than exports).
  3. If S < I, then net exports, NX, is zero (imports are equal to exports).
  4. If S = I, then net exports, NX, is negative (imports are greater than exports).

Jun 08 2021 View more View Less

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