A country has private saving of $500 billion, public saving of -$100 billion, domestic investment of $150 billion, and net capital outflow of $250 billion. What is its supply of loanable funds?

a. $650 billion
b. $600 billion
c. $400 billion
d. $350 billion

c

Economics

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The International View of the Great Depression blames the contraction in the U.S. economy on

(a) the failure of the U.S. markets to permit a fall in aggregate prices under the gold standard or to devalue its exchange rate. (b) exports' and imports' large proportion of total GDP in the U.S. (c) Great Britain abandoning the gold standard. (d) all of the above.

Economics

All of the following countries come close to the free market benchmark except

A) Canada. B) North Korea. C) Germany. D) Singapore.

Economics