If the production of ukuleles creates a negative externality that is not corrected for by the government, the equilibrium quantity of ukuleles is

Which of the following statements is incorrect with respect to the 1980s?

A) Corporate financing migrated from the short-term bank loan market to the commercial paper market. B) Money market funds could offer transactions services coupled with a diversified money market investment vehicle at very low costs because of advances in computer technology. C) Specialized monitoring services of commercial banks became more important because of new asset valuation models. D) Innovations in information technology made some small borrowers more "bankable."

If a country has negative net capital outflows, then its net exports are

a. positive and its saving is larger than its domestic investment. b. positive and its saving is smaller than its domestic investment. c. negative and its saving is larger than its domestic investment. d. negative and its saving is smaller than its domestic investment.