A nation that has invested more in the rest of the world than other countries have invested in it is called a

A) net lender.
B) saver nation.
C) creditor nation.
D) debtor nation.
E) net borrower.

C

Economics

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For open economies,

A) S = I. B) S = I + CA. C) S = I - CA. D) S > I + CA. E) S < I + CA.

Economics

The price elasticity of demand for pleasure travel (-1.9 ) and business travel (-0.8 ) suggests that air travel for pleasure is a luxury and air travel for business is a necessity

Indicate whether the statement is true or false

Economics