When a nation's international borrowing is positive, then its national saving ________ its national investment.

A) exceeds
B) equals
C) is less than


C) is less than

Economics

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Since the abandonment of the Bretton Woods system, balance of payments considerations have become ________ important, and exchange rate considerations ________ important in the conduct of monetary policy

A) more; less B) more; more C) less; less D) less; more

Economics

Money market instruments are ________ term and ________ relative to capital market instruments

A) long; risky B) short; risky C) short; less risky D) long; less risky

Economics

During the Great Depression:

A. overall GDP rose. B. investment increased, but consumption decreased. C. both consumption and investment decreased. D. investment fell, but consumption increased.

Economics

Which of the following would most likely occur during the expansionary phase of the business cycle?

A. Demand-pull inflation. B. Cost-push inflation. C. Structural inflation. D. Frictional inflation.

Economics