A closed economy
A) can save either by building up its capital stock or by acquiring foreign wealth.
B) can save only by building up its capital stock.
C) can save only by acquiring foreign wealth.
D) cannot save either by building up its capital stock or by acquiring foreign wealth.
E) can save by avoiding excessive imports.
Correct Answer:
Verified
Q31: Investment is usually
A) more variable than consumption.
B)
Q32: Which of the following is FALSE about
Q33: Which one of the following expressions is
Q34: In an open economy, the CA is
Q35: In the United States over the past
Q37: In an open economy, private saving, ,
Q38: Which of the following is TRUE?
A) A
Q39: A country's current account
A) balance equals the
Q40: Government savings, , is equal to
Q41: The United States issues a $10,000 debt
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