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9.4 The national saving and investment identity  (Page 12/16)

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  • Card 12 / 16:
    Both the United States and global economies are booming. Will U.S. imports and/or exports increase?

    A booming economy will increase the demand for goods in general, so import sales will increase. If our trading partners’ economies are doing well, they will buy more of our products and so U.S. exports will increase.

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Practice FlashCards 11 Key Terms 1

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Source:  OpenStax, Principles of macroeconomics for ap® courses. OpenStax CNX. Aug 24, 2015 Download for free at http://legacy.cnx.org/content/col11864/1.2
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