In which of the following ways can national savings be calculated?
A) By deducting net exports and government expenditure from total output
B) By deducting consumption and investment from total output.
C) By deducting consumption and government expenditure from total output
D) By deducting investment and government expenditure from total output
C
Economics
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If the required reserve ratio increases and the monetary base is unchanged, the value of the money multiplier will ________ and the value of the money supply will ________
A) decline; decline B) decline; increase C) increase; decline D) increase; increase
Economics
Absolute advantage is determined by comparing the opportunity costs of producing each good in different countries
a. True b. False Indicate whether the statement is true or false
Economics