A Country Has $50 Million of Domestic Investment and Net

question 120

Multiple Choice

A country has $50 million of domestic investment and net capital outflow of -$70 million. What is saving?

• A)-$70 million
• B)-$20 million
• C)$50 million
• D)$120 million

Identify characteristics of less developed countries (LDCs) and newly industrialized countries (NICs).

Recognize trends in labor productivity and their impact on economic development.

Describe the relationship between savings rates, investment, and economic growth.

Understand the implications of government policies and military spending on economic growth.