According to the saving and investment equation, if net foreign investment rises by $60 million,
A) domestic investment will rise by $60 million. B) private saving will fall by $60 million.
C) national saving will fall by $60 million. D) national saving will increase by $60 million.
D
Economics
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Camels have been used as money. Which function of money would this type of money perform least well?
A) medium of exchange B) unit of accounting C) store of value D) standard of deferred payment
Economics
The advantage of a system of fixed exchange rates over one where exchange rates are flexible is that
a. the government gains more control over the economy. b. floating exchange rates impose risks on importers and exporters from unpredictable exchange rates. c. exchange controls become unnecessary. d. fiscal and monetary policy can focus more on domestic conditions.
Economics