Macroeconomics (9th Edition)
9th Edition
ISBN: 9780134167398
Author: Andrew B. Abel, Ben Bernanke, Dean Croushore
Publisher: PEARSON
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Chapter 5, Problem 2NP
To determine
To calculate: The relationship between net export and foreign lending. The calculation of the national saving, foreign lending, absorption, and net export.
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It would be inefficient but possible for this economy to produce?
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A foreign country to which we export but from which we do not import would _____ according the Circular Flow Diagram? • Sell and Buy (or Rent). • Does not sell nor buys. • Sell, but does not buy. • Buys, but does not sell.
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Macroeconomics (9th Edition)
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