Provide an Appropriate Response

question 43

Multiple Choice

Provide an appropriate response.
-Find the local extrema for

• A) f(0, 0) = 0 is a minimum
• B) f(0, 2) = 4 is a maximum
• C) f(2, 0) = -16 is a minimum
• D) f(0, 0) = 0 is a maximum

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Definitions:

National Saving

The total amount of savings in a country, equal to the sum of private and public savings.

Domestic Investment

The total amount of investment in physical assets like buildings, machinery, and technology, within a country’s borders.

National Saving

The total savings of a nation, calculated as the sum of private and public saving, representing the part of national income not consumed or spent by the government.

Foreign Assets

Financial assets or investments that are located in a country other than the investor's home country.