For an open economy, national savings can be:
A. the same as investment.
B. less than investment.
C. more than investment.
D. All of these are true.
Answer: D
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The wealth effect is another term for the
A) the interest rate effect. B) the real-balance effect. C) substitution effect. D) the indirect effect.
Does the existence of the University of Oklahoma affect citizens who do not attend the University?
What will be an ideal response?
Weakly dependent processes are said to be integrated of order zero.
Answer the following statement true (T) or false (F)
The Case in Point on obesity suggests that food prices are lower because of:
A) an increase in the in the demand for food only. B) an increase in the supply of food only. C) an increase in the demand for food was less than the increase in the supply of food. D) an increase in the supply of food that was less than the increase in demand for food.