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Saving is always equal to: A) planned less unintended investment. B) actual investment. C) planned investment. D) unintended investment.

1. Saving is always equal to:
A) planned less unintended investment.
B) actual investment.
C) planned investment.
D) unintended investment.

2. Other things equal, if a change in the tastes of Canadian consumers causes them to purchase more foreign goods at each level of Canadian GDP:
A) unemployment will decrease domestically.
B) Canadian GDP will fall.
C) inflation will occur domestically.
D) Canadian real GDP will rise.
S+M curve shits to the left.

3. The open economy multiplier is:
A) larger than the simple multiplier because the latter embodies fewer leakages.
B) larger than the simple multiplier because the latter embodies more leakages.
C) smaller than the simple multiplier because the latter embodies fewer leakages.
D) smaller than the simple multiplier because the latter embodies more leakages.

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