An economy recently had 800 billion euros of saving and 600 billion euros of net capital outflow. What was its investment? What was its quantity of loanable funds supplied?


200 billion euros, 800 billion euros

Economics

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Economic theory assumes elected representatives in government vote

A) in the public interest. B) without any interest. C) in their own interest. D) in complete harmony with the interests of the majority of citizen-voters.

Economics

The short-run market supply curve is

A) the sum of the quantities supplied by all the firms. B) undefined because the number of firms is constant in the short run. C) vertical at the total level of output being produced by all firms. D) horizontal at the current market price.

Economics

In the 1930s, some nations such as the United States and Britain abandoned their gold pegs by adopting ________, whereas other nations such as Germany and South American nations adopted ________.

A) floating exchange rates and open capital markets; fixed exchange rates and capital controls B) fixed exchange rates and open capital markets; floating exchange rates without capital controls C) fixed exchange rates and closed capital markets; floating exchange rates and closed capital markets D) floating exchange rates with closed capital markets; floating exchange rates and open capital markets

Economics

The Fisher effect is the tendency for ________ interest rates to be ________ when inflation is high.

A. real; low B. market; low C. nominal; high D. real; high

Economics