Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. In a small open economy if net exports are negative, then: A) domestic spending is greater than output. B) saving is greater than

 

1. In a small open economy if net exports are negative, then: A) domestic spending is greater than output. B) saving is greater than investment. C) net capital outflows are positive. D) imports are less than exports.

Step by Step Solution

3.40 Rating (166 Votes )

There are 3 Steps involved in it

Step: 1

The image shows a question that reads 1 In a small open economy if net exports are negative then A d... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

6th Canadian Edition

321675606, 978-0321675606

More Books

Students also viewed these Economics questions

Question

Explain and criticize the JamesLange theory of emotion.

Answered: 1 week ago

Question

Draw a Feynman diagram for the reaction n + v p + .

Answered: 1 week ago