In a Small Open Economy,when Exports Exceed Imports,all of the Following

question 6

Multiple Choice

In a small open economy,when exports exceed imports,all of the following are true EXCEPT

• A)net capital outflows are positive.
• B)net exports are positive.
• C)domestic investment exceeds domestic saving.
• D)domestic output exceeds spending.

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Definitions:

Thrifty

Being careful with money and resources by avoiding waste, spending wisely, and seeking good value.

Miserly

A person who is extremely reluctant to spend money; excessively frugal or stingy.

Individuals

Persons considered separately from other members or units in a group or category.

Look Alike

Generally refers to two or more entities that are visually similar to each other; often used in the context of people, products, or phenomena that share appearances.