In the Open Economy

question 45

Multiple Choice

In the open economy:

• A)Net foreign investment = Exports
• B)Net foreign investment = Imports
• C)Net foreign investment = Net exports
• D)Net foreign investment = Exports - Imports
• E)both C and D

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Definitions:

Bureaucracies

Administrative systems organized into hierarchical structures, governing organizations with strict rules and protocols to ensure efficiency and order.

Behavior Patterns

Repetitive and habitual ways of acting or responding that characterize an individual or group over time.

Dancer

A person who expresses ideas, feelings, and narratives through the medium of dance.

Custodial Model

A management theory primarily used in prisons and psychiatric hospitals, focusing on control and security of the individuals within the facility.