If a country's investment in capital exceeds its savings,
A) its interest rate must be above the equilibrium level
B) it has a capital account surplus
C) it is a net lender in the global market
D) it has reached a steady state
E) its government is running a budget deficit
Correct Answer:
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Q19: Imagine that the dollar appreciates 10% against
Q20: For which of the following goods would
Q21: The next questions refer to the following.
During
Q22: In the 1980s there was much debate
Q23: Purchasing power parity is most useful
A) for
Q25: If a nation has a capital account
Q26: An increase in a country's real exchange
Q27: An economy in which GDP = 900,C
Q28: The next questions refer to the following.
During
Q29: A country's current account does not include
A)
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