Which one of the following statements is TRUE?
A) Countries where investment is relatively productive should be net importers of current output.
B) Countries where investment is relatively unproductive should be net importers of current output.
C) Countries where investment is relatively productive should be net exporters of current output.
D) Countries where investment is relatively productive should not export or import current output.
E) Countries where investment is relatively unproductive should invest at home.
Correct Answer:
Verified
Q1: A country seeking to maintain internal balance
Q3: By internal balance, most economists mean
A) full
Q4: Inflation can occur under conditions of full
Q5: Countries where investment is relatively
A) productive should
Q6: The costs of inflation have been most
Q7: A sudden decrease in the U.S. price
Q8: Which one of the following statements is
Q9: A current account deficit
A) will not pose
Q10: Governments prefer to avoid excessive current account
Q11: A sudden decrease in the U.S. price
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