Multiple Choice
What does a trade surplus imply?
A) saving is greater than domestic investment and Y > C + I + G
B) saving is greater than domestic investment and Y < C + I + G
C) saving is less than domestic investment and Y > C + I + G
D) saving is less than domestic investment and Y < C + I + G
Correct Answer:

Verified
Correct Answer:
Verified
Q138: Martin, a Canadian citizen, uses some previously
Q139: Consider the following table, adapted from the
Q140: The theory of purchasing-power parity states that
Q141: A country has $240 million of net
Q142: A country has $60 million of domestic
Q144: Suppose Canadian wheat sells for $100 per
Q145: Suppose that the real return from operating
Q146: What do net exports measure?<br>A) income minus
Q147: What is the formula for an open
Q148: A country has $30 million of domestic