According to the equilibrium condition in a small open economy, When
save exceeds investment, the economy has a trade balance: ( )
A: surplus
B: deficit
C: equilibrium
D: any of the above
save exceeds investment, the economy has a trade balance: ( )
A: surplus
B: deficit
C: equilibrium
D: any of the above
举一反三
- 中国大学MOOC: Which of the following statements is correct for an open economy with a trade surplus?
- If the government establishes a legal price floor for a good, the result will be a(n) A: shortage of the good, but only if the floor is equal to the equilibrium price. B: surplus of the good, but only if the floor is above the equilibrium price. C: surplus of the good, but only if the floor is below the equilibrium price. D: shortage of the good, but only if the floor is above the equilibrium price.
- A ()occurs when a country's imports exceed its exports during a given time period. A: trade balance B: trade imbalance C: trade surplus D: trade deficit
- When the price of a good is held above the equilibrium price, the result will be A: Excess demand B: A shortage of the good C: A surplus of the good D: A shortage of the good
- When the price of a good is held above the equilibrium price, the result will be A: Excess demand B: A shortage of the good C: A surplus of the good D: 点击编辑答案内容