If a country has Y > C + I + G, then

a. S > I and it has a trade surplus.
b. S > I and it has a trade deficit.
c. S < I and it has a trade surplus.
d. S < I and it has a trade deficit.

a

Economics

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A good that provides external benefits to society has:

a. too few resources devoted to its production. b. too many resources devoted to its production. c. the optimal resources devoted to its production. d. not provided profits to producers of the good.

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Which of the following is NOT one of the core deliverables of a logistics system?

a. Infrastructural integrity b. Product availability c. Timely delivery d. Protection against disruption e. Operational efficiency

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