Suppose that domestic investment in Japan is 20.2% of GDP, and Japanese national savings is 24% of GDP. What is Japan's foreign investment as a percentage of GDP?

A) 1.19% B) 3.8% C) 27.8% D) 44.2%


B

Economics

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The mechanism of supply and demand is

a. a fundamental tool in both microeconomics and macroeconomics. b. the only real "law" of economics. c. a fundamental tool only in microeconomics. d. a fundamental tool only in macroeconomics.

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Considering the balance sheet for all commercial banks in the U.S., the largest category of liabilities is:

A. checkable deposits. B. borrowings from non-banks in the U.S. C. borrowing from other banks in the U.S. D. saving's deposits and time deposits.

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