(T-G)-public… Show more Consider the equation NX = S + (T

(T-G)-public… Show more Consider the equation NX = S + (T – G) – I NX-trade balance S-private saving (T-G)-public saving I-investments Determine what happens to each of the four components the trade balance private saving public saving and investment in each of the following cases: 1. Government spending increases 2. Foreign output increases 3. Simultaneous depreciation of the currency and contractionary fiscal policy. • Show less

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