In a Large Open Economy ________

question 47

Multiple Choice

In a large open economy ________.

• A)the effect of shifts in saving and investment on the trade balance are in the same direction as in a closed economy
• B)the effect of shifts in saving and investment on net capital flows are in the same direction as in a closed economy
• C)the effect of shifts in saving and investment on the domestic real interest rate and the actual levels of saving and investment are in the same direction as in a closed economy
• D)all of the above
• E)none of the above

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Definitions:

Sodium Sulfate

An inorganic salt used in detergents, paper manufacturing, and glass production, known chemically as Na2SO4.

Atoms

Atoms are the basic units of matter and the defining structure of elements, consisting of a nucleus surrounded by electrons, and classified by the number of protons they contain.

Washing Detergent

A chemical substance used to break up and remove dirt and grease from fabrics, commonly in the form of powder or liquid.

Calcium Nitrate

An inorganic compound used as a nitrogen fertilizer in agriculture and also in waste water pre-conditioning for odor emission prevention.