Use the following to answer questions:
Figure: Basic Supply and Demand 
-(Figure: Basic Supply and Demand) In the diagram, which of the following statements is TRUE?
Definitions:
Saving
The act of setting aside money for future use, rather than spending it immediately, often for specific goals or emergencies.
Nominal Exchange Rate
The rate at which one country's currency can be traded for another's, not adjusted for inflation differences between the two countries.
Net Capital Outflow
The difference between the domestic savings and investment in a country, indicating the amount of money flowing out of the country to invest abroad minus the inflow.
Net Exports
The value of a country's total exports minus the value of its total imports; a component of a country's GDP.
Q9: (Table: Equilibrium Price, Quantity) Refer to the
Q28: A market shortage can be defined as
Q41: If the elasticity of supply is 3
Q57: Unlike demand, supply is less elastic in
Q100: The equilibrium price is unstable because sellers
Q107: A good with an absolute value of
Q148: Other things being equal, total consumer surplus
Q178: The fundamental determinant of the elasticity of
Q180: The owner of an appliance store lowers
Q199: All of the following conditions would cause