If a country has a trade surplus we can conclude that

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Macroeconomics: Principles & Policy
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Chapter 8 / Exercise 1
Macroeconomics: Principles & Policy
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5. If a country has a trade surplus, we can conclude that it also has:a budget surplus.a budget deficit.
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Macroeconomics: Principles & Policy
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Chapter 8 / Exercise 1
Macroeconomics: Principles & Policy
Baumol/Blinder
Expert Verified
a net capital inflow.a net capital outflow.
6. Table: National Income AccountsTrillionsGDP$15.9Consumption11.3Government spending3.0Exports2.2Imports2.7Budget balance–1.2Reference: Ref 10-5(Table: National Income Accounts) Look at the table National Income Accounts.The value of national savings is:
7. Reference: Ref 10-6(Table: Loanable Funds) Look at the table Loanable Funds. At what interest rate will the market for loanable funds be in equilibrium?
8. The demand curve for loanable funds slopes:
9. If the government increases its borrowing, then at every interest rate there is a(n):
additional demand for funds.decrease in the supply of funds.increase in the supply of funds.additional supply of funds.
10. Figure: The Market for Loanable Funds IIReference: Ref 10-13(Figure: The Market for Loanable Funds II) Look at the figure The Market for Loanable Funds II. Other things being equal, if there is an increase in the interest rate above 8%, _____ quantity of loanable funds will be demanded.

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