For an open economy, which of the following expressions represents saving (S)?
A) I + T - G + NX
B) I + T - G - NX
C) I + G - T + NX
D) G - T + NX - I
E) none of the above
C
You might also like to view...
"The line distinguishing external from internal goals can be fuzzy." Discuss
What will be an ideal response?
Firms will borrow to finance capital expansion until the MRP of the investment equals the
A. MRP of labor. B. marginal cost of the finished good. C. marginal physical product of capital. D. interest payment charged for borrowing.
If we compare income percentages of total income of the highest quintile in 1968 with 2008, we would find that it was
A. rising. B. staying about the same. C. falling.
People usually migrate within their own country more readily than they emigrate abroad.
Answer the following statement true (T) or false (F)