Suppose that Pakistanis decide to increase their saving. a. If the elasticity of PAK net capital outflow with respect to the real interest rate is very high,
will this increase in private saving have a large or small effect on PAK domestic investment?
Explain with help of diagrams and in word.
b. If the elasticity of PAK exports with respect to the real exchange rate is very low, will this
increase in private saving have a large or small effect on the PAK real exchange rate? Explain
with help of diagrams and in word.

Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.