In an Open Economy, National Saving Equals

question 124

Multiple Choice

In an open economy, national saving equals

• A)domestic investment plus net capital outflow.
• B)domestic investment minus net capital outflow.
• C)domestic investment.
• D)net capital outflow.

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Definitions:

Federal Trade Commission Act

A 1914 United States federal law that established the Federal Trade Commission (FTC) to prevent unfair competition and deceptive practices in the marketplace.

Importance

the significance or value attached to something based on its relevance or impact.

Sherman Act

A foundational United States antitrust law enacted in 1890 to prohibit monopolies and practices that restrained trade and competition.

1890

A year significant in economic history, notably for the Sherman Antitrust Act's passage in the United States to combat anti-competitive practices.