Essay
Suppose that a country has $80 billion of national saving and $80 billion of domestic investment. Is this possible? Where did the other $60 billion of national saving go?
Correct Answer:

Verified
This is possible for an open economy. Th...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q175: Suppose Nicholas, a Greek citizen, opens a
Q176: What partly caused the increase in international
Q177: If citizens of a country are not
Q178: According to purchasing-power parity theory, if the
Q179: What is the formula for national saving?<br>A)
Q181: Which statement best describes how the Canadian
Q182: A country has $120 million of saving
Q183: Which unit of measurement would be appropriate
Q184: Between 1981 and 1988, what happened to
Q185: A firm in India sells spices to