If a nation produces more than it spends what do we know about: A. its net exports? B. its net capital outflow? C. its saving in relation to its domestic investment?
A. Its net exports are positive.
B. Its net capital outflow is positive.
C. Its saving exceeds its domestic investment.
You might also like to view...
It's easy for a private firm to provide a public good because of free riders
a. True b. False Indicate whether the statement is true or false
The impact of fiscal policy is
A) magnified because of crowding out and weakened because of crowding in. B) magnified because of crowding in and weakened because of crowding out. C) magnified because of crowding out and crowding in. D) weakened because of crowding out and crowding in.
An industry in which economies of scale allow one firm to supply the entire market at the lowest possible cost is called a
A) legal monopoly. B) natural monopoly. C) single-price monopoly. D) one-firm monopoly.
Labor productivity is commonly measured as
A) the number of workers divided by real GDP. B) the change in real GDP divided by change in number of workers. C) nominal GDP divided by number of workers. D) real GDP divided by number of workers.