Question 3 0 / 1 pts If there is a drop in private domestic savings, the following will happen: None of these decreases

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Question 3
0 / 1 pts
If there is a drop in private domestic savings, the followingwill happen:
None of these
decreases the need for foreign financial capital to meetdomestic investment needs
causes the trade deficit to improve
causes the trade deficit to worsen
increases the need for foreign financial capital to meetdomestic investment needs
Question 4
0 / 1 pts
Trade balance is the difference between the dollar-value of anation’s exports and the dollar-value of a nation’s imports
difference between the currency-value of a nation's exports andimports
the difference between the amount of investment in a nation andthe amount of consumption
None of these
the total amount of savings and the demand for financialcapital
product between the currency-value of a nation's exports andimports
Question 6
0.5 / 1 pts
A current account deficit means that,
the country lends to other countries
None of these
the country borrows from abroad
the country saves more
the country saves less
Question 8
0.5 / 1 pts
A recession tends to
experience lower trade deficit
increase the trade balance
decrease the trade balance
None of these
experience higher trade deficit