Multiple Choice
If domestic saving is less than investment in an open economy, the result is most likely to be:
A) a current account surplus.
B) a capital account deficit.
C) a current account deficit.
D) a balanced current account.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q106: GDP is the sum of exports, consumer
Q107: GDP is equal to:<br>A) GNP minus net
Q108: GDP fails to measure changes in<br>A) the
Q109: The output measure that adjusts for depreciation
Q110: Narrbegin Exhibit 11.2 GDP data (billions
Q112: Which of the following would not be
Q113: Which one of the following is an
Q114: Which of the following transactions is not
Q115: Which of the following is a shortcoming
Q116: The current account balance is equal to:<br>A)