The difference between "saving" and "savings" is that
A) saving is done by households and savings by businesses.
B) saving is undertaken as a precaution against unemployment and savings are undertaken to increase investment spending.
C) savings are the result of past and current saving.
D) saving is placed in financial institutions such as banks, while savings are kept at home by people.
C
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Which statement is NOT true regarding emerging markets?
A) Emerging market financial institutions have generally proven to be weaker than those in industrialized countries. B) Emerging markets are the capital markets of poorer, developing countries that have liberalized their financial system to allow private asset trade with foreigners. C) Countries with emerging markets include Brazil, Mexico, and Thailand. D) Countries with emerging markets have been unable to liberalize their financial systems to allow private trade with foreigners. E) Emerging market financial institutions contributed to the financial crisis of 1997-1999.
What does international voluntary trade do?
(a) Exploits small countries (b) Benefits all trading partners (c) Places labor unions at an unfair disadvantage (d) Forces productive domestic firms to close their doors