In a Small Open Economy, If Exports Equal $20 Billion

question 91

Multiple Choice

In a small open economy, if exports equal $20 billion, imports equal $30 billion, and domestic national saving equals $25 billion, then net capital outflow equals:

• A) -$25 billion.
• B) -$10 billion.
• C) $10 billion.
• D) $25 billion.

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Definitions:

Hallucinations

Sensory experiences that appear real but are created by the mind, such as seeing, hearing, or feeling something that isn't actually present.

Stimuli

External or internal changes that affect the senses and can elicit a response from an organism.

Anhedonia

A state in which an individual cannot derive pleasure from normally enjoyable activities.

Delusions

False beliefs held with strong conviction, despite superior evidence to the contrary, often observed in psychiatric conditions.