Use the Following to Answer Questions

question 111

Multiple Choice

Use the following to answer questions :
Exhibit: Saving and Investment in a Small Open Economy
-(Exhibit: Saving and Investment in a Small Open Economy) In a small open economy, if the world interest rate is r₃, then the economy has:

• A) a trade surplus.
• B) balanced trade.
• C) a trade deficit.
• D) positive capital outflows.

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Definitions:

Macrophage

A large phagocytic cell capable of ingesting and digesting bacteria and cell debris. Macrophages are also antigen-presenting cells.

Acetylcholine

Acetylcholine is a neurotransmitter involved in many functions including muscle activation, heart rate regulation, and the modulation of brain function.

Graded Potential

A shift in electrical charge across a neuron's membrane, varying in magnitude, that can initiate an action potential if it reaches a threshold.

Action Potential

A rapid, temporary change in a membrane potential across a cell's membrane, leading to the transmission of nerve impulses.