The Sum of National Saving and Capital Inflows from Abroad

question 75

Multiple Choice

The sum of national saving and capital inflows from abroad must equal:

• A)domestic investment in new capital goods.
• B)capital outflows.
• C)aggregate demand.
• D)the trade deficit.

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Definitions:

Industry Canada

A department of the Canadian government responsible for national economic development, innovation, and technology.

Knowledge-Based Economy

An economy where growth is primarily driven by the production, distribution, and use of knowledge and information.

Competition Bureau

A government agency responsible for enforcing antitrust or competition laws to prevent monopolistic practices and maintain fair competition in the market.

Sale of Goods Act

Legislation that governs the sale of goods, defining obligations, rights, and warranties between buyers and sellers.