The RBV perspective locates the source of competitive advantage for a firm at the

Based on Table 9.2, total savings, private plus public, is equal to

A) 3 percent of GNP. B) 18 percent of GNP. C) 16 percent of GNP. D) 20 percent of GNP. E) None of the above.

The theoretical proposition that government deficits do not affect the level of output because individuals realize that they have to pay the deficits in the future, and therefore increase their savings now, is called:

A. purchasing power parity. B. functional finance. C. sound finance. D. the Ricardian equivalence theorem.