In an Open Economy, What Best Identifies the Sources of Loanable

question 158

Multiple Choice

In an open economy, what best identifies the sources of loanable funds?

• A) Canadians who consume less than their income and government budget deficit
• B) Canadians who consume less than their income and government budget surplus
• C) foreigners who buy Canadian bonds and shares of stock and Canadian government surplus
• D) foreigners who invest in Canada and Canadian government surplus

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Definitions:

Francis Cecil Sumner

Recognized as the first African American to receive a Ph.D. in psychology in the United States.

First African American

A term referring to the notable achievement of being the first African American person to accomplish a specific feat or hold a particular position.

Personality

The characteristic set of behaviors, cognitions, and emotional patterns that evolve from biological and environmental factors.

Patterns of Thought

Distinctive ways of thinking and understanding the world, often influenced by culture, experience, and education.