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Question 16 Suppose that in a given country, National Saving is higher than National Not yet Investment. Which of the following is true? answered Marked out of 4.00 O a. The government must run a budget deficit Flag O b. The current account is negative question O c. The country is a net lender O d. The country is a net borrowerQuestion 7 Consider two countries, A and B. Suppose both countries start at the same level Not yet of output, but then the marginal propensity to consume in country A increases answered and becomes higher than in country B. Which of the following is more likely to Marked out of happen: 4.00 Flag question O a. Country B will have a higher level of output in the short-run and in the long-run compared to A O b. Country A will have a higher level of output in the short-run and in the long-run compared to B O c. Country B will have a higher level of output in the short-run than A, but country A should have a higher level of output in the long-run than B O d. Country A will have a higher level of output in the short-run than B, but country B should have a higher level of output in the long-run than A