This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose the U.S. Congress is successful in enacting tariffs large enough to eliminate the current ... (Read 86 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
on: Jun 29, 2018
Suppose the U.S. Congress is successful in enacting tariffs large enough to eliminate the current account deficit. What would happen to the level of domestic investment?
 
  A) It would not change.
  B) It would fall to a level equal to national saving.
  C) It would rise and exceed national saving.
  D) It would rise to a level equal to net foreign investment.

Question 2

If national saving decreases
 
  A) the sum of domestic investment and foreign investment must increase.
  B) the sum of domestic investment and foreign investment must decrease.
  C) foreign investment must increase to cover the loss.
  D) the sum of domestic investment and net exports must increase.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SVictor

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower
Small and large intestines Small and large intestines
Current Positions of Known Dwarf Planets and SSSBs in the Outer Solar System Current Positions of Known Dwarf Planets and SSSBs in the Outer Solar System
Apply light effleurage around abdomen in a large circle with the palm of a flat hand. Apply light effleurage around abdomen in a large circle with the palm of a flat hand.
A Successful Physical Fitness Program Uses FITT Principles A Successful Physical Fitness Program Uses FITT Principles
Better land and water management and appropriate crop selection can help eliminate hunger Better land and water management and appropriate crop selection can help eliminate hunger
Video: Introduction to Tuberculosis

For a complete list of videos, visit our video library