Assume a country is closed.Given this information,which of the following must occur?
A) demand for domestic goods will be less than the domestic demand for goods
B) demand for domestic goods will be greater than the domestic demand for goods
C) S + T = I + G
D) a budget surplus exists
E) S = I
Correct Answer:
Verified
Q20: Explain the difference between: (1)the demand for
Q21: A reduction in the marginal propensity to
Q22: In an open economy,net exports will be
Q23: Suppose that the rest of the world
Q24: Assume a country is open.Given this information,which
Q26: An increase in the marginal propensity to
Q27: A reduction in the marginal propensity to
Q28: Which of the following will occur as
Q29: Which of the following will always cause
Q30: Which of the following would make the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents