Refer to the Information Provided in Figure 8

question 128

Multiple Choice

Refer to the information provided in Figure 8.6 below to answer the questions that follow. Figure 8.6
-Refer to Figure 8.6. If aggregate income is $800, aggregate saving is

• A) -$100.
• B) -$20.
• C) $20.
• D) $40.

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Definitions:

Equality

The state of being equal, especially in status, rights, and opportunities.

Arbitrageurs

Traders who seek to profit from price discrepancies of the same asset in different markets, buying low in one market and selling high in another.

Speculator

Someone who buys or sells foreign exchange in hopes of profiting from fluctuations in the exchange rate over time.

Exchange Rate

How much one currency is worth in terms of crossing over to another currency.