The value of net exports equals the value of
a. national saving.
b. public saving.
c. national saving - net capital outflow.
d. national saving - domestic investment.
d
You might also like to view...
Suppose a perfectly competitive market is in a long-run equilibrium when a permanent decrease in the market demand occurs. In the long run, which of the following definitely occurs?
A) The price decreases. B) The number of firms decreases. C) The firms' marginal cost increases. D) Marginal revenue increases.
The Interstate Highway system in the U.S. has boosted economic productivity mainly through ________
A) the positive impact on tourism B) reduction in transportation costs C) increased competition among fast food restaurants D) increased speed of military deployments
From 2005-2008, the unemployment rate in the United States was significantly different from the rates in France, Germany, and Italy
This is often attributed to the idea that the rate of ________ unemployment in these European countries was ________ than it was in the United States. A) frictional; lower B) structural; higher C) cyclical; lower D) seasonal; higher
Which of the following is true about classical economists? a. They argued that the sources of depressions and high unemployment lay within the market system. b. They advocated laissez-faire policies to promote economic growth
c. They believed the economy would naturally tend toward unemployment. d. They believed prices and wages were rigid. e. They encouraged government intervention in markets.