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In the saving-investment approach, when is an economy in equilibrium?
  • a)
    When consumption equals investment
  • b)
    When consumption equals saving
  • c)
    When investment equals saving
  • d)
    When government expenditure equals saving
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
In the saving-investment approach, when is an economy in equilibrium?a...
The saving-investment approach states that an economy is in equilibrium when planned saving equals planned investment.
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In the saving-investment approach, when is an economy in equilibrium?a)When consumption equals investmentb)When consumption equals savingc)When investment equals savingd)When government expenditure equals savingCorrect answer is option 'A'. Can you explain this answer?
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