Multiple Choice
When future labor income rises in a large open economy,it causes the current account to ________ and investment to ________.
A) fall; rise
B) rise; remain unchanged
C) fall; fall
D) rise; rise
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q20: A negative value for the U.S.official reserve
Q21: A small open economy increases its investment
Q22: Suppose the current account shows debits of
Q23: If a Japanese company sells 200 VCRs
Q24: If a country has a current account
Q26: A large open economy increases its desired
Q27: An economy is considered a small open
Q28: Suppose output is $35 billion,government purchases are
Q29: The balance of payments equals<br>A)the sum of
Q30: Consider a small open economy with desired