If domestic savings is less than domestic investment, then
A) a trade deficit occurs.
B) the government runs a budget deficit.
C) there will be a negative foreign investment.
D) a trade surplus must result.
E) Both A and C.
E
Economics
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If the income elasticity of demand for a Miami Dolphins season ticket is 2.34, then are Dolphins season tickets a normal or an inferior good?
What will be an ideal response?
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