The Level of Saving in Japan Has Historically Been High

question 87

Multiple Choice

The level of saving in Japan has historically been high relative to the level of domestic investment.Based on this information,we would expect that

• A)Japan's net foreign investment has been relatively low.
• B)Japan's net exports have been relatively high.
• C)Japan's capital inflows are positive.
• D)Japan's private saving is greater than its public saving.

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Definitions:

Peripheral Nations

Countries that are less economically developed and often depend on core nations for capital and are exploited for labor and raw materials.

Globalization

Increased economic, political, and social interconnectedness and interdependence among societies in the world.

Per Capita GNI

A measure of a country's economic output that accounts for its number of people; it divides the gross national income by the population size.

Cash Economy

An economic system where transactions are conducted with the direct exchange of physical currency, as opposed to digital or credit transactions.