The economic growth of the United States over the last half-century ________.
A) is best understood as the result of high levels of saving and investment
B) is quite similar to the experience of most other economies
C) was driven by rising import purchases
D) has been slower than growth in several other economies
Question 2
In the open-economy Keynesian model, it always has to be true that
a. planned savings equals planned investment.
b. planned savings is greater than planned investment.
c. planned savings is less than planned investment.
d. none of the above.