In a Small, Open Economy If Net Exports Are Negative

question 90

Multiple Choice

In a small, open economy if net exports are negative, then:

• A) domestic spending is greater than output.
• B) saving is greater than investment.
• C) net capital outflows are positive.
• D) imports are less than exports.

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Definitions:

Need for Accomplishment

An individual's desire to achieve, master tasks, and reach a standard of excellence.

Job Content-Based Pay

A compensation strategy that bases an employee's pay on the skills, knowledge, and responsibilities required by their job rather than their position or title.

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A compensation system where employees' wages are determined by their skills, knowledge, and abilities, rather than their job title or position.

Performance-Based Pay

A compensation strategy where employees are paid based on their performance or achievements.