Game theory analysis of oligopolistic behavior suggests that oligopolists will benefit from collusion.

The current account records all transactions below EXCEPT for

A) net exports of goods and services. B) net interest income. C) net foreign investment. D) net transfers.

When saving leaks out of the circular flow of income and spending,

a. total income necessarily falls. b. it leaks out of the financial system. c. it flows to borrowers. d. it increases the size of the spending flow.