A Country Has $100 Million of Net Exports and $170

question 151

Multiple Choice

A country has $100 million of net exports and $170 million of saving.Net capital outflow is

• A)$70 million and domestic investment is $170 million.
• B)$70 million and domestic investment is $270 million.
• C)$100 million and domestic investment is $70 million.
• D)None of the above is correct.

---

Definitions:

Quantum Meruit

A legal principle where someone is paid for the value of work or services performed, when there hasn't been a specified contract about payment.

Monetary Compensation

Payment made in the form of money to settle a claim, compensate for damage, work done, or injury.

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning.

Limitations

Restrictions or cap on the amount of time within which legal action can be initiated or certain rights can be enforced.