Figure 33-3 Refer to This Diagram to Answer the Questions Below

question 40

Multiple Choice

Figure 33-3
Refer to this diagram to answer the questions below.

-Refer to Figure 33-3.At an interest rate of 3 percent,the diagram indicates that

• A)there is a surplus in the market for foreign-currency exchange.
• B)national saving equals domestic investment.
• C)net capital outflow + domestic investment = national saving.
• D)in the market for foreign-currency exchange the quantity of dollars supplied equals the quantity of dollars demanded.

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Definitions:

Incorporators

Individuals involved in forming a corporation, who sign the articles of incorporation and may act as temporary directors until a board is elected.

Perfunctory

Carried out with a minimum of effort or reflection.

Short-lived

Referring to something that lasts for a brief period of time.

RMBCA

The Revised Model Business Corporation Act, which serves as a guide for states in drafting their corporation statutes.