If a country has saving of $2 trillion and investment of $1.5 trillion, then it has
a. a trade surplus and its net capital outflow = $.5 trillion.
b. a trade surplus and its net capital outflow = -$.5 trillion.
c. a trade deficit and its net capital outflow = $.5 trillion.
d. a trade deficit and its net capital outflow = -$.5 trillion.
a
Economics
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If the marginal propensity to consume (MPC) is 0.8, the multiplier will be
A) 1. B) 5. C) 0.8. D) 4.
Economics
If not all prices adjust instantly to changing economic circumstances, an unexpected fall in the price level leaves some firms with higher-than-desired prices, and these higher-than-desired prices depress sales and induce firms to reduce the quantity of goods and services they produce
a. True b. False Indicate whether the statement is true or false
Economics