A country's saving is greater than its domestic investment. This difference means that its
a. net capital outflow and net exports are positive.
b. net capital outflow and net exports are negative.
c. net capital outflow is positive and net exports are negative.
d. net capital outflow is negative and net exports are positive.
a
You might also like to view...
Government revenue from printing money is referred to as:
A) menu costs. B) seigniorage. C) shoeleather costs. D) excise tax
If the percentage change in the quantity of teapots demanded is greater than the percentage change in the price of teapots, then
A) the price elasticity of demand for teapots is greater than 1 in absolute value. B) the demand for teapots is unit elastic. C) the price elasticity of demand for teapots is less than 1 in absolute value. D) the price elasticity of demand for teapots is equal to zero.
By 2009, the percentage of the U.S. labor force employed in agriculture was:
a. 1.1 percent. b. between 2and 5percent. c. about 10 percent. d. 3percent.
A basic problem with the infant-industry argument is that
a. most industries need protection when they are mature, not when they are first established. b. the amount of the tariff is unlikely to have much impact on the success of an infant industry. c. political pressure will likely prevent the withdrawal of the tariff when the industry matures. d. domestic consumers will continue to buy the foreign products anyway, regardless of the tariff.