A country recently had $800 billion worth of domestic investment and its residents purchased $400 billion worth of foreign assets. If foreigners purchased $100 billion of this country's assets, what was this country's saving? Explain how your found your answer
This country had saving of $1,100 billion. In an open economy saving equals domestic investment plus net capital outflow. This country's domestic investment was $800 and its net capital outflow was $400 billion - $100 billion = $300 billion. $800 billion + $300 billion = $1,100 billion.
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Based on the table showing income inequality in the United States, the proportion of income earned by the lowest fifth of Americans was greatest in ______.
a. 1935
b. 1950
c. 1960
d. 1970
A move from F to G represents
A. an increase in quantity demanded.
B. a decrease in quantity demanded.
C. an increase in demand.
D. a decrease in demand.