(A) If total saving is larger than total investment
(B) If net exports are not zero
(C) If inventory investment is negative
(D) None of the above–they are always equal
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Which one of the following could best be regarded as an enterprenure:
(A) A bank manager
(B) A football club manager
(C) A sales girl in a dress shop:
(D) A grain merchant
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Which of the following pair of commodities is an example of substitute goods:
(A) Pen and ink
(B) Left shoe and right shoe
(C) Musturd oil and coconut oil
(D) Gold and water
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Portfolio management means an effort to:
(A) Minimize tax libility
(B) Maximize yield with safety of financial investments
(C) Raise loans in accordance with needs of the borrowing company
(D) Raising loans at least possible interest cost
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What is the new common currency of European Union:
(A) ECU
(B) Pound Sterling
(C) Euro
(D) Stermark
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A Balance Sheet is usually prepared at the end of:
(A) Month
(B) Year
(C) Period
(D) Half year
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Contingent libility approves as a footnote in the Balance Sheet This involves an accounting principal named as:
(A) Consistency
(B) Disclosure
(C) Conservatism
(D) Materiality
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The theory of purchasing power party holds that the exchange rate between two curriencies tends to be in the ratio of their respectives:
(A) Domestic purchasing
(B) National incomes
(C) Value of exports
(D) Value of imports
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An economy is in equilibrium when:
(A) Planned consumption exceeds from planned savings
(B) Planned consumption exceeds from planned investment
(C) Intended investment equals intended savings
(D) Intended investment exceeds intended savings