An Open Economy with a Low Saving Rate (Private and Public)must

question 63

Multiple Choice

An open economy with a low saving rate (private and public) must have

• A)low investment only.
• B)high investment only.
• C)a trade surplus only.
• D)low investment or a trade deficit.
• E) low investment or a trade surplus.

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Definitions:

Scala Tympani

Division of the spiral canal of the cochlea lying below the spiral lamina and basilar membrane.

Chorda Tympani

A branch of the facial nerve that carries taste sensations from the anterior two-thirds of the tongue and supplies the submandibular and sublingual salivary glands.

Spiral Organ

Organ of Corti; rests on the basilar membrane and consists of the hair cells that detect sound.

Vestibulocochlear Nerve

The eighth cranial nerve, responsible for transmitting sound and equilibrium (balance) information from the inner ear to the brain.