Multiple Choice
Which of the following is a correct statement?
A) Wealth can increase even if there is no saving.
B) An increase in net foreign assets always increases wealth.
C) Low U.S.national saving is the principal cause of the trade deficits the U.S.has run since the 1980s.
D) The U.S will be a net debtor nation for the foreseeable future.
E) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q75: An investment tax credit _.<br>A)is designed to
Q76: Saving-Investment Diagram <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5036/.jpg" alt="Saving-Investment Diagram
Q77: Which of the following is true of
Q78: Ceteris paribus,in a closed economy,if consumers become
Q79: Government saving refers to _.<br>A)tax revenues minus
Q80: Private saving refers to _.<br>A)after-tax income minus
Q81: If there is a decrease in world
Q82: In an economy open to international trade
Q83: Saving-Investment Diagram <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5036/.jpg" alt="Saving-Investment Diagram
Q84: In an economy open to international trade