In a small open economy, if domestic saving exceeds domestic investment, then the extra saving will be used to:
A) make loans to the government.
B) make loans to foreigners.
C) repay the national debt.
D) repay loans to the Federal Reserve.
Correct Answer:
Verified
Q2: In a small open economy, if exports
Q2: Net exports equal GDP minus domestic spending
Q4: In a small open economy, if domestic
Q6: A trade deficit can be financed in
Q8: In a small open economy, if exports
Q11: In a small, open economy, if net
Q16: If domestic spending exceeds output, we _
Q18: Net capital outflow is equal to the
Q19: If net capital outflow is positive, then:
A)
Q20: An "open" economy is one in which:
A)
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