A Country Has Private Saving of $100 Billion,public Saving of -$30

question 14

Multiple Choice

A country has private saving of $100 billion,public saving of -$30 billion,domestic investment of $50 billion,and net capital outflow of $20 billion.What is its supply of loanable funds?

• A)$50 billion
• B)$70 billion
• C)$90 billion
• D)$120 billion

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Definitions:

Collectivism

A socio-cultural principle that prioritizes group goals over individual ones, emphasizing community, cooperation, and interdependence.

Personal Characteristics

Attributes or features that define an individual, including traits such as personality, attitudes, and abilities.

Individualism

A theory advocating for individual action freedom over group or governmental authority.

Collectivism

A cultural value that emphasizes the priority of group goals over individual goals and the importance of cohesion within social groups.