Suppose That GDP Is Equal to 1,000, National Saving Is

question 55

Multiple Choice

Suppose that GDP is equal to 1,000, national saving is equal to 200, the current account deficit is equal to 100, and the government budget deficit is equal to 50. Private savings must equal

• A) 150.
• B) 200.
• C) 250.
• D) 300.
• E) 350.

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Definitions:

Neurosis

A class of functional mental disorders involving distress but not delusions or hallucinations, where behavior is not outside socially acceptable norms.

Sociopathic

Pertaining to a pattern of antisocial behavior or lack of conscience and empathy, often associated with a personality disorder.

Character Disorders

A diverse group of mental disorders characterized by deeply ingrained, inflexible patterns of thinking, feeling, or relating to others.

Coping Resources

Strategies, mechanisms, or tools that individuals employ to manage, endure, or adapt to stress, adversity, or trauma.