If a Nation's Income Exceeds Its Spending,then Which of the Following

question 6

Multiple Choice

If a nation's income exceeds its spending,then which of the following would NOT result?

• A)savings will exceed domestic investment
• B)the nation must run a current-account surplus
• C)the nation must run a capital-account deficit
• D)savings will equal domestic investment

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Definitions:

Selection Effect

A statistical bias that occurs when the sample chosen for analysis is not representative of the population intended to be analyzed.

Sports Interests

Refers to the enthusiasm or preference individuals have toward participating in, watching, or following specific sports or athletic activities.

Music Preferences

An individual's specific tastes or choices in music genres, artists, or compositions, influenced by personal experiences, culture, and personality.

Light-Sensitive

The quality of being responsive or reactive to light, often referring to certain cells in the retina or materials that change when exposed to light.