A commentator called Nick asked on the blog: I’ve seen you use the national income identity repeatedly when talking about MMT: Y = C + I + G + (X-M) Where Y = GDP, C = consumption, I = investment, G = government spending and X-M = net exports. But it is also true that: […]
source https://thebtrader.com/2020/05/03/does-s-i-one-for-the-economics-wonks/?utm_source=rss&utm_medium=rss&utm_campaign=does-s-i-one-for-the-economics-wonks
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