Which one of the statements below is FALSE: a. According to the national income accounts identity, net capital outflow must equal the trade surplus. O b. Net capital outflow is the excess of domestic saving over domestic investment. O c. The trade surplus and net capital outflow must both equal zero. O d. According to the national income accounts identity, net capital outflow must equal net exports.
Which one of the statements below is FALSE: a. According to the national income accounts identity, net capital outflow must equal the trade surplus. O b. Net capital outflow is the excess of domestic saving over domestic investment. O c. The trade surplus and net capital outflow must both equal zero. O d. According to the national income accounts identity, net capital outflow must equal net exports.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Which one of the statements below is FALSE:
a. According to the national income accounts identity, net capital outflow must equal the
trade surplus.
Ob. Net capital outflow is the excess of domestic saving over domestic investment.
Oc. The trade surplus and net capital outflow must both equal zero.
O d. According to the national income accounts identity, net capital outflow must equal
net exports.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5d93f92-43f2-4e21-9bbd-576203fb45e7%2F07ab71c2-2ac3-469a-8691-8eeb0b9c15e7%2Ftvle8vk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which one of the statements below is FALSE:
a. According to the national income accounts identity, net capital outflow must equal the
trade surplus.
Ob. Net capital outflow is the excess of domestic saving over domestic investment.
Oc. The trade surplus and net capital outflow must both equal zero.
O d. According to the national income accounts identity, net capital outflow must equal
net exports.
![In the Solow growth model with no population growth and no technological change, the output
per worker increases when investment per worker is greater than depreciation of capital per
worker.
Select one:
True
False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff5d93f92-43f2-4e21-9bbd-576203fb45e7%2F07ab71c2-2ac3-469a-8691-8eeb0b9c15e7%2F59d7gfu_processed.jpeg&w=3840&q=75)
Transcribed Image Text:In the Solow growth model with no population growth and no technological change, the output
per worker increases when investment per worker is greater than depreciation of capital per
worker.
Select one:
True
False
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