The accounting relationship between the budget deficit and the trade deficit may be expressed as ____.
A. G + T = (S + I) + (X? IM)
B. G? T = (S + I) + (X + IM)
C. (X? IM) = (S? I) ? (G? T)
D. (X? IM) = (S + I) ? (G? T)
Answer: C
You might also like to view...
The cyclical rate of unemployment plus the measured unemployment rate equal the natural rate of unemployment
Indicate whether the statement is true or false
There are two goods in the economy, apples and bread. The relative price of apples has increased. This could be due to
A) an increase in the absolute price of apples, ceteris paribus. B) a decrease in the absolute price of bread, ceteris paribus. C) a decrease in the absolute price of apples, ceteris paribus. D) an increase in the absolute price of bread, ceteris paribus. E) a and b
Conventional job analysis methods are being replaced by quantitative methods for all but which of the following reasons? Conventional methods are _____.
A. open to bias and favoritism B. often subjective C. not well-suited to small organizations D. require more time consuming
For the capital stock of the economy to remain constant over time the amount of investment:
A) must exceed the depreciated value of capital stock. B) must be less than the depreciated value of capital stock. C) must be equal to the depreciated value of capital stock times the savings rate of the economy. D) must be equal to the depreciated value of capital stock.