If its exports are greater than its imports, then a country has a:

Which of the following equations is true in an open economy?

A) Net exports = -Financial account balance. B) National saving = net capital flows. C) Net exports = net foreign investment. D) Private saving = net foreign investment + domestic investment.

Which of the following is not a function of prices in a market system?

a. Prices have the crucial job of balancing supply and demand. b. Prices send signals to buyers and sellers to help them make rational economic decisions. c. Prices coordinate economic activity. d. Prices ensure an equitable distribution of goods and services among consumers.