Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

12. A country has $30 billion of Net Exports and $45 billion of saving. Net capital outflow Is A. $15 billion and Domestic Investment is

image text in transcribed
12. A country has $30 billion of Net Exports and $45 billion of saving. Net capital outflow Is A. $15 billion and Domestic Investment is $15 billion. B. $30 billion and Domestic Investment is $15 billion. C. $30 billion and Domestic Investment is $15 billion. D. $15 billion and Domestic Investment is $30 billion. E. None of the above is correct. 13. During some year a country had exports of $50 billion, imports of $70 billion, and domestic investment of $100 billion. What was its saving during the year? A. $ 80 billion B. $100 billion C. $120 billion D. $150 billion E. $220 billion 14. In an open economy, gross domestic product equals $1,850 billion, consumption expenditure equals $975 billion, government expenditure equals $225 billion, investment equals $500 billion, and net exports equals $150 billion. What is national savings? A. $0 B. $350 billion C. $500 billion D. $650 billion E. $975 billion 15. A country has $150 billion of Net Exports and $450 billion of saving. Net capital outow is A. $300 billion and Domestic Investment is $150 billion. B. $150 billion and Domestic Investment is $300 billion. C. $150 billion and Domestic Investment is $600 billion. D. $150 billion and Domestic Investment is $450 billion. E. $150 billion and Domestic Investment is $600 billion

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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_2

Step: 3

blur-text-image_3

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

What Every Environmentalist Needs To Know About Capitalism

Authors: Fred Magdoff, John Bellamy Foster

1st Edition

1583672419, 9781583672419

More Books

Students also viewed these Economics questions

Question

An improvement in the exchange of information in negotiations.

Answered: 1 week ago