In a Small Open Economy, When Exports Exceed Imports, All

question 64

Multiple Choice

In a small open economy, when exports exceed imports, all of the following are true except:

• A) net capital outflows are positive
• B) net exports are positive
• C) domestic investment exceeds domestic saving
• D) domestic output exceeds spending

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Definitions:

Specific Frequencies

Particular rates or patterns of oscillation within a spectrum, such as sound waves or electromagnetic radiation, used for diverse applications including communication and medical diagnosis.

Central Vision

The area of vision that allows for sharp, detailed vision straight ahead, primarily processed by the macula of the eye.

Distortions

Alterations or misrepresentations of the original shape or meaning of something.