If a Country's Saving Rises, Then Either Its Investment or Its

question 191

True/False

If a country's saving rises, then either its investment or its net capital outflow rises (or both).

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Definitions:

Economic Life

The expected period of time during which an asset remains useful to the owner for its original purpose.

Bonds Payable

Long-term liabilities representing money a company owes to bondholders, to be repaid at a future date.

Discount on Bonds Payable

The variance between the face value of a bond and the amount it is sold for when the sale price is beneath its face value.

Date of Issue

The date on which a financial instrument, such as a bond or stock, is made available for sale or issued.