An Increase in Autonomous Investment in a Small Open Economy

question 65

Multiple Choice

An increase in autonomous investment in a small open economy will cause ________.

• A)a trade surplus to shrink
• B)a trade deficit to shrink
• C)higher net capital outflows
• D)all of the above
• E)none of the above

Identify the factors influencing prenatal and infant intelligence.

Analyze the relationship between schooling and intelligence.

Appreciate the complexity of measuring intelligence across diverse populations and the potential for biases.

Understand the concept of economies of scale and its impact on long-run average total cost.

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Definitions:

Profits

The financial gains obtained when revenue from business activities exceeds expenses and costs.

Copyright Protection

A legal mechanism that grants the creator of original works exclusive rights to their use and distribution, typically for a limited time.

New Software

A program or set of instructions that is designed to perform specific tasks, recently developed or released.

Network Externalities

Economic effects that occur when the value or utility of a product or service to a user depends on how many other users there are.