Questions asked
Andrew Davis
Numerade educator
Given a closed economy where net taxes is equal to government purchases. A rise in technological advancement will cause _______ at equilibrium. [1] private savings to be equal to investment [2] private savings to be larger than public savings [3] national savings to be equal to investment A) [1] and [3] B) [2] and [3] C) [1} and {2] D) All of the above E) None of the above
Donna Densmore
In a closed economy, if national savings is larger than private savings, public savings is negative. Group of answer choices A) True B) False
Cameron Besana
In a closed economy, a rise in national savings imply a rise in investment. Group of answer choices A) True B) False
Benjamin Densmore
In the long run, which of the following will NOT raise living standards of a country? A) More skill-training programs. B) More equipment and machines. C) More research and development. D) All of the above. E) None of the above.
Assume that everyone decides to save more for retirement, this is represented as a (right shift/left shift/upward movement/downward movement) of the supply of savings; and a (right shift/left shift/upward movement/downward movement) of the demand for investment; and the equilibrium real interest rate will (rise/fall/remain unchanged/change ambiguously). Please fill in the blanks with the answers provided.
When domestic real interest rate rises, investment will (rise/fall/remain unchanged/change ambiguously), and savings will (rise/fall/remain unchanged/change ambiguously). Please fill in the blanks with the answers provided.
Given the following information of an open economy: GDP 3000 Consumption 1500 Government Purchases 300 Taxes 200 Government interest payments 100 Exports 300 Imports 100 Solve for the following: [Note: Please indicate negative sign (-) where appropriate] Question: Investment:
Given the following information of an open economy: GDP 3000 Consumption 1500 Government Purchases 300 Taxes 200 Government interest payments 100 Exports 300 Imports 100 Solve for the following: [Note: Please indicate negative sign (-) where appropriate] Question: National Savings:
Given the following information of an open economy: GDP 3000 Consumption 1500 Government Purchases 300 Taxes 200 Government interest payments 100 Exports 300 Imports 100 Solve for the following: [Note: Please indicate negative sign (-) where appropriate] Question: Private Savings:
Use the following information to answer FITB-Q4 GDP per capita Share of people working 2000 2020 2000 2020 Country A 10000 20000 0.75 0.9 Please choose the correct answers: 4c) Over 2000-2020, the change in GDP per capita is mostly attributed to changes in [ Select ] [ Select ] output per worker share of people working population none of the above