Author Question: Empirically, there is a close positive relationship between domestic savings and investment. This is ... (Read 43 times)

Ebrown · **on:** Jun 30, 2018

Empirically, there is a close positive relationship between domestic savings and investment. This is consistent with what we should expect to observe in

a. a closed economy.
b. the Mundell-Flemming model with perfect capital mobility.
c. the Mundell-Flemming model with perfect capital mobility and flexible exchange rates.
d. the Mundell-Flemming model with perfect capital mobility and fixed exchange rates.
e. none of the above.

Question 2

All of the following trends and characteristics of American population growth occurred from Independence to the Civil War except

(a) The size of the average family was increasing.
(b) Populations living in urban places increased.
(c) There was extensive settlement in rural areas.
(d) Growth was very rapid.