Examlex
The "Pygmalion effect" refers to findings that ________.
Open Economy
An economy that engages in international trade, allowing goods, services, and capital to move freely across its borders.
National Saving
National saving is the sum of private and public savings in an economy, essentially the portion of national income that is not spent on consumption or government expenditure.
Consumption
The use of goods and services by households. It includes spending on durable goods, nondurable goods, and services.
Loanable Funds
The market where savers supply funds for loans to borrowers, often illustrated by the supply and demand for loans.
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