A closed economy is one in which.
A、imports exactly equal exports.
B、domestic firms invest in foreign countries.
C、the home economy is isolated from foreign trade or investment.
D、All of the above.
A、imports exactly equal exports.
B、domestic firms invest in foreign countries.
C、the home economy is isolated from foreign trade or investment.
D、All of the above.
A、national saving
B、government tax revenue
C、public saving
D、private saving
A.Suppose that in a closed economy GDP is equal to 10,000, taxes are equal to 2,500 Consumption equals 6,500 and Government expenditures equal 2,000. What are private saving, public saving, and national saving
B.1000, 500, 1500
C.500, 1500, 1000
D.None of the above are correct.
The author calls the Quechua empire a mandala because ______.
A.it was agrarian
B.it was superstitious
C.a closed economy prevailed
D.it was divided into four zones
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