If the federal government has a deficit, and the current account is in balance, then
A. I = S.
B. I> S.
C. S> I.
D. S + I = 0.
Answer: C
You might also like to view...
Positive analysis:
A. involves the formulation and testing of hypotheses. B. involves value judgments concerning the desirability of alternative outcomes. C. weighs the fairness of a policy. D. examines if the outcome is desirable.
The civilian labor force includes only the employed
a. True b. False Indicate whether the statement is true or false
Which of the following would be viewed as a common property problem?
A. To be safe you must lock your door at night. B. Your property is burglarized. C. Vandals damage your property. D. People pick all of the flowers in a public park.
Which of the following is not a major institutional investor in the stock market?
A) Mutual funds B) Pension funds C) Insurance companies D) Commercial banks