35. If domestic saving is greater than domestic investment, then a country will have a ______ and ______ net c

Question

35. If domestic saving is greater than domestic investment, then a country will have a ______ and ______ net capital inflows.

A. trade deficit; negative

B. trade deficit; positive

C. trade balance; zero

D. trade surplus; negative

E. trade surplus; positive

36. A recession is:

A. a period in which the economy is growing at a rate significantly below normal.

B. a period in which the economy is growing at a rate significantly above normal.

C. the high point of economic activity prior to a downturn.

D. the low point of economic activity prior to a recovery.

E. a particularly strong and protracted expansion.

Answer 1

35. If domestic saving is greater than domestic investment, then a country will have a ______ and ______ net capital inflows.

correct answer:

D. trade surplus; negative

36. A recession is:

correct answer:

A. a period in which the economy is growing at a rate significantly below normal.

Answer 2

D. trade surplus; negative

A. a period in which the economy is growing at a rate significantly below normal.