If domestic investment is growing faster than domestic savings, then net capital flows must be

Refer to Table 15.3. Based on the data in the table, the primary budget deficit necessary to make fiscal policy sustainable in Cordelia is ________ of GDP

A) -1.5% B) 0% C) 1.5% D) 14.6%

If the income elasticity of demand is less than 1.0, it means it is an inferior good

a. True b. False Indicate whether the statement is true or false