Relationship between S and I in an open economy: . . . • Which one of the following is FALSE? In a closed economy, savin

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Relationship Between S And I In An Open Economy Which One Of The Following Is False In A Closed Economy Savin 1 (62.48 KiB) Viewed 27 times

Relationship between S and I in an open economy: . . . • Which one of the following is FALSE? In a closed economy, saving=Investment In an open economy S=l+NX In an open economy S=l+NCO In an open economy S>| When S is not equal to I, the economy is an open, closed, OR an open or a closed) economy. When S>l, this means (NCO=0, NCO<0, OR NCO>0) • If KSA's NCO>0, this means that Saudis invest (more, OR less) abroad than foreigners investing in Saudi Arabia. • If KSA's NCO<0, this means that Saudis invest (more, OR less) abroad than foreigners investing in Saudi Arabia. .