If Total Domestic Savings Exceeds Domestic Investment,then the Country Will

question 30

Multiple Choice

If total domestic savings exceeds domestic investment,then the country will:

• A)run a trade surplus.
• B)borrow from abroad.
• C)have to float its exchange rate.
• D)a and B

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Definitions:

Benefits to Costs

Refers to evaluating the advantages and disadvantages or gains and expenses associated with a decision, project, or purchase.

Needs and Wants

Fundamental human requirements and desires that drive consumption behavior, where needs are essential for survival and wants are additional desires.

Product Improvement

The process of making meaningful changes to a product to increase its usability, functionality or performance.

Production-oriented

describes an approach focused on the efficiency of producing goods, often at the expense of customer needs and preferences.