Essay
A country recently had $800 billion worth of domestic investment and its residents purchased $400 billion worth of foreign assets. If foreigners purchased $100 billion of this country's assets, what was this country's saving? Explain how your found your answer.
Correct Answer:
Verified
This country had saving of $1,100 billio...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q161: As measured by the amount of trade
Q162: Net capital outflow<br>A)is always greater than net
Q163: If purchasing-power parity holds, then the value
Q164: Jorge, a Spanish citizen, is contracted by
Q165: If a U.S. dollar purchases 4 Argentinean
Q167: An American brewery sells dollars to obtain
Q168: If the price of a good in
Q169: Which of the following is an example
Q170: In an open economy, gross domestic product
Q171: In an open economy national saving equals