Suppose U.S. net exports are -$400 billion and the U.S. government sector surplus is $200 billion. Then in the private sector, saving minus investment equals

A) -$600 billion.
B) -$200 billion.
C) +$600 billion.
D) +$200 billion.


A

Economics

You might also like to view...

Explain why after, say Norway unilaterally pegs the krone to the euro, domestic money market disturbances will no longer affect domestic output despite the continuation of float-rate regime against non-euro currencies

What will be an ideal response?

Economics

Which of the following Federal Reserve chairs had the longest tenure?

a. Alan Greenspan. b. Paul Volcker. c. Milton Friedman. d. Arthur Laffer.

Economics

A good that is most likely to be in the producer price index is:

A. light trucks. B. gasoline. C. passenger cars. D. All of these are in the PPI.

Economics

If Allan lives in Boston and decides to buy a pair of hockey skates from Canada for $100, and the Canadian he bought them from buys a baseball hat and jersey for $100 from Boston, then the U.S. next exports:

A. and net capital outflow are both zero. B. and net capital outflow both equal ?$100. C. is zero and net capital outflow is ?$100. D. equals ?$100 and net capital outflow is zero.

Economics