If the government sector is running a deficit of $120 million and the private sector is running a surplus of $200 million, then net exports equal
A) $80 million surplus.
B) $320 million surplus.
C) $80 million deficit.
D) $320 million deficit.
A
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Which of the following statements is TRUE?
A) investment = disposable income + consumption B) saving = personal income + consumption C) saving = personal income - consumption D) saving = disposable income - consumption
Fill in the blanks: ________ is defined as a sustained ________ in the purchasing power of money
A) Inflation; fall B) Deflation; fall C) Inflation; rise D) Answers B and C above are both true.
In the above figure, which curve indicates that the level of food production does not affect the population growth rate?
A) F B) G C) H D) I
A recent (2009) example of a U.S. tariff on foreign imports which caused retaliation from trading partners was the case of a U.S. tariff imposed on Chinese
a. tire imports. b. agricultural imports. c. airplane imports. d. clothing imports.