In an open economy, the supply of loanable funds comes from national saving

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The sum of all past federal deficits minus any surpluses is called the

A) transfer balance. B) national deficit. C) national debt. D) national budget.

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The stock of assets owned by a person, household, firm or nation is

A) real disposable income. B) wealth. C) capital investment. D) capital goods.

Economics