Consider a Small Open Economy with Desired National Saving of Sd

question 101

Multiple Choice

Consider a small open economy with desired national saving of Sd = 200 + 10,000rw and desired investment of Id = 1,000 - 5,000rw.If rw = 0.05,and output = 5,000,then absorption equals

• A)5,100.
• B)5,050.
• C)4,950.
• D)4,900.

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Definitions:

Uberization

The transformation of service industries through the introduction of platforms that connect freelance workers with customers, emphasizing convenience and efficiency.

Manufacturer Jobs

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Independent Contractors

Workers who provide services to a business or individual under terms specified in a contract or agreement and are not considered employees.

Start-up Company

A young company founded to develop a unique product or service and bring it to market.