Multiple Choice
A closed economy is one that
A) has no government sector.
B) neither borrows from nor lends to foreign countries.
C) produces mainly agricultural goods.
D) produces mainly manufactured goods.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: Japan's very low market interest rates in
Q3: The supply curve for loanable funds would
Q4: If the government increases taxes while holding
Q5: Investors value liquidity in an asset because<br>A)liquid
Q6: Loanable funds refers to<br>A)only those funds loaned
Q8: The supply curve for bonds would be
Q9: During 2000, the government repurchased $30 billion
Q10: Most economists credit the decline in short-term
Q11: Suppose that businesses in Japan reduce their
Q12: Suppose that Congress passes a law that