Author Question: In open economies A) saving and investment are necessarily equal. B) as in a closed economy, ... (Read 109 times)

j.rubin · **on:** Jun 30, 2018

In open economies

A) saving and investment are necessarily equal.
B) as in a closed economy, saving and investment are not necessarily equal.
C) saving and investment are not necessarily equal as they are in a closed economy.
D) saving and investment are necessarily equal contrary to the case of a closed economy.
E) investment always refers to the domestic stock market.

Question 2

Which of the following financial institutions went bankrupt as a result of the financial crisis that began in 2008?

A) Lehman Brothers
B) Bank of America
C) Citigroup
D) JP Morgan