Question: explain whether the given statement is true, false or uncertain. Start your answer by selecting one of the options - True, False or Uncertain and

explain whether the given statement is true, false or uncertain. Start your answer by selecting one of the options - "True", "False" or "Uncertain" and then provide arguments to justify your selection

The saving rate (gross domestic saving as a % of GDP) in Singapore, a small open economy, was 48% in 2017 while the investment rate (domestic investment as a % of GDP) was 25%. As a result, there was net outflow of capital from Singapore in 2017.

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