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.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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