Use the following to answer questions :
Scenario: A Small Economy
Suppose there is no trade and no government in a small economy. GDP is $25 trillion, and consumption spending is $18 trillion this year.
-(Scenario: A Small Economy) Look at the scenario A Small Economy. What is the level of investment spending?
A) $18 trillion
B) $7 trillion
C) $25 trillion
D) -$7 trillion
Correct Answer:
Verified
Q42: Which statement is CORRECT?
A) The budget deficit
Q43: Capital inflow equals:
A) GDP plus exports minus
Q44: Taxes equal:
A) government spending plus private savings.
B)
Q46: Use the following to answer questions :
Scenario:
Q47: Capital inflow into a country is associated
Q50: In an open economy, savings can come
Q52: National savings equals:
A) private savings plus consumption
Q54: Use the following to answer questions :
Scenario:
Q56: If a country has a trade surplus,
Q57: Net capital inflow equals:
A) national savings.
B) imports
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