If We Observe an Economy in Which Desired Saving Has

question 25

Multiple Choice

If we observe an economy in which desired saving has changed,but there has been no change in actual investment,we may infer that ________.

• A)this is a closed economy
• B)this is a large economy
• C)the trade balance has changed in the same direction as the change in desired saving
• D)all of the above
• E)none of the above

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Definitions:

Competitors

Entities that offer similar products or services in the same market and compete for the same customer base.

Supply Chain Management

Encompasses the processes and activities involved in producing and delivering a product or service from suppliers to customers, including sourcing, manufacturing, logistics, and customer service.

Strategic Management

Strategic management is the process of formulating and implementing strategies.

Organisation's Resources

Various assets, including human, financial, physical, and informational, that an organization utilizes to function and achieve its objectives.