A Country Has Private Saving of $100 Billion,public Saving of -$30

question 14

Multiple Choice

A country has private saving of $100 billion,public saving of -$30 billion,domestic investment of $50 billion,and net capital outflow of $20 billion.What is its supply of loanable funds?

• A)$50 billion
• B)$70 billion
• C)$90 billion
• D)$120 billion

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Definitions:

Quantifier Negation

The process of applying negation to a statement that contains a quantifier, altering its scope and possibly changing the quantifier type (for example, from universal to existential).

Existential Generalization

A logical operation that infers the existence of at least one object in a domain that satisfies a given proposition.

Existential Instantiation

A logical rule that deduces the existence of at least one instance of a predicate from a general statement.

Symbolize

The act of representing objects, actions, or ideas through symbols or a system of notation.