Question
Explain whether the statement is true, false or uncertain. Justify your selection. The saving rate (gross domestic saving as a % of GDP) in Singapore,
Explain whether the statement is true, false or uncertain. Justify your selection.
The saving rate (gross domestic saving as a % of GDP) in Singapore, a small open economy, was 48% in 2017 while the investment rate (domestic investment as a % of GDP) was 25%. As a result, there was net outflow of capital from Singapore in 2017.
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Essentials Of Mis
Authors: Kenneth Laudon
8th Edition
1292153776, 9781292153773
