Multiple Choice
The country of Freedonia has a GDP of $2,100,consumption of $1,200,and government purchases of $400.This implies that it has
A) domestic investment of $500.
B) domestic investment plus net capital outflow of $500.
C) domestic investment - net capital outflow of $500.
D) None of the above is correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: International trade<br>A)raises the standard of living in
Q10: Suppose a lobster supper in Maine costs
Q27: Which of the following is correct?<br>A)NCO =
Q34: Net capital outflow refers to the purchase
Q38: Which of the following statements is incorrect
Q39: If U.S.imports total $100 billion and U.S.exports
Q41: Suppose a Starbucks tall-latte cost $4.00 in
Q82: If purchasing-power parity holds,a dollar will buy<br>A)more
Q90: An open economy's GDP is always given
Q321: Suppose a bottle of wine costs 25