In International Finance, the Investment Ratio Measures the Amount of Real

question 72

True/False

In international finance, the investment ratio measures the amount of real investment relative to the gross national product of the country.

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Definitions:

Consume

The action of using up goods and services to satisfy personal or collective wants or needs.

Opportunity Cost

The cost of foregoing the next best alternative when making a decision or choosing to do one thing over another.

Production Possibilities Schedule

A table or graph that shows the various combinations of two goods or services that an economy can produce using all its resources efficiently.