Rail Gauge Refers to the Thickness of Rail Track

question 32

True/False

Rail gauge refers to the thickness of rail track.

Understand the components and functions of the open-economy macroeconomic model.

Analyze the relationship between national saving, domestic investment, and net capital outflows.

Assess the impact of real interest rates on national saving and investment behaviors.

Evaluate the effects of fiscal and trade policies on the trade balance and net capital outflows.