A country has $3 billion of domestic investment and net exports of $2 billion.What is its saving?
A)$1 billion
B)$2billion
C)$3 billion
D)$5 billion

Name: A country has $3 billion of domestic investment and net exports of $2 billion.What is its saving? A)$1 billion B)$2billion C)$3 billion D)$5 billion
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

In an open economy, saving equals domestic investment plus net exports. Therefore, saving is $3 billion (domestic investment) + $2 billion (net exports) = $5 billion.

A Country Has $3 Billion of Domestic Investment and Net