Figure 9-12 -Refer to Figure 9-12.With Trade Allowed,this Country

question 67

Multiple Choice

Figure 9-12
-Refer to Figure 9-12.With trade allowed,this country

• A)exports 400 units of the good.
• B)exports 800 units of the good.
• C)imports 400 units of the good.
• D)exports 1,600 units of the good.

---

Definitions:

Loanable Funds

The market where savers supply funds to borrowers, typically through financial intermediaries, affecting interest rates and economic activity.

National Saving

The total amount of savings in a country, equal to the sum of private and public savings.

Domestic Investment

The total amount of investment in physical assets like buildings, machinery, and technology, within a country’s borders.

National Saving

The total savings of a nation, calculated as the sum of private and public saving, representing the part of national income not consumed or spent by the government.