If There Is an Increase in the Future Marginal Product

question 71

Multiple Choice

If there is an increase in the future marginal product of capital in a small open economy,it causes the current account to ________ and saving to ________.

• A)fall; rise
• B)rise; remain unchanged
• C)fall; remain unchanged
• D)rise; rise

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Definitions:

Planning Phase

The planning phase involves the initial stages of a project or strategic plan where goals are defined, strategies are developed, and tasks are allocated.

IMC Program

Integrated Marketing Communications program, a strategic approach to planning and executing all aspects of marketing communication consistently across multiple platforms.

Set the Budget

The process of determining the amount of money allocated for a specific purpose or project over a set period.

Pretest

The trial of a questionnaire, ad campaign, or another marketing tool on a small sample before its full-scale launch to identify potential issues.