Author Question: If the United States is a net lender abroad, ________. (Assume that the capital account is zero and ... (Read 83 times)

Sportsfan2111 · **on:** Jun 29, 2018

If the United States is a net lender abroad, ________. (Assume that the capital account is zero and net transfers are zero.)

A) the United States must be exporting less than it is importing
B) net foreign investment must be negative
C) national saving is greater than domestic investment
D) net capital flows must be positive

Question 2

Refer to Table 8-17. What is nominal GDP in 2016?

A) 3,320 B) 3,690 C) 6,360 D) 7,035