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Allied ecn151 Module 7 Check Your Understanding latest 2015 November

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Question If a nation is selling more goods and services to foreigners than it is buying from them, then on net it must be buying assets abroad. a. True b. False 2. If saving is greater than domestic investment, then: a. there is a trade deficit and Y > C + I + G. b. there is a trade deficit and Y C + I + G. d. there is a trade surplus and Y

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