National accounting identity in a closed economy is:
A) Saving = Domestic investment
B) Saving = Current account balance
C) Saving = Domestic investment + Net foreign investment
D) Saving = Domestic saving + Net foreign investment
Correct Answer:
Verified
Q33: The nominal exchange rate is the:
A)nominal interest
Q41: If purchasing-power parity holds, and a tonne
Q42: Purchasing-power parity describes the forces that determine:
A)exchange
Q43: If the law of one price holds,
Q44: When Klaus, a Dutch tourist, buys an
Q48: Which of the following statements is correct?
Q49: The real exchange rate using the CPI
Q52: When a country's central bank increases the
Q53: When the money supply decreases:
A)the nominal exchange
Q57: General price levels in any country change
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