A country has national saving of $90 billion, government expenditures of $30 billion, domestic investment of $50 billion, and net capital outflow of $40 billion. What is its demand for loanable funds?

a. $40 billion
b. $60 billion
c. $90 billion
d. $130 billion


c

Economics

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Refer to Figure 22-3. Which of the following would cause an economy to move from a point like A in the figure above to a point like B?

A) an increase in capital per hour worked B) a decrease in capital per hour worked C) an improvement in technology D) a technological regression

Economics

When one player has to make a decision before the other player, the situation is called a:

A. commitment game. B. simultaneous game. C. sequential game. D. prisoner's dilemma.

Economics

According to the graph shown, the original world price is _______ and the amount of the tariff is _________.

This graph demonstrates the domestic demand and supply for a good, as well as a tariff and the world price for that good.

A. $100; $30
B. $100; $130
C. $175; $45
D. $215; $115

Economics

Assume the marginal propensity to consume (MPC) is 0.75 and the government increases taxes by $250 billion. The aggregate demand curve will shift to the:

a. right by $750 billion. b. left by $750 billion. c. left by $1,000 billion. d. right by $1,000 billion.

Economics