When the Difference Between the Receipts from Taxes and Government

question 65

Multiple Choice

When the difference between the receipts from taxes and government expenditures is positive,

• A)national saving is greater than private saving.
• B)national saving less net exports equals private saving.
• C)there is a budget deficit.
• D)national saving equals private saving.
• E)national saving is less than private saving.

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Definitions:

Missed Field Goal

A missed field goal in sports, particularly American football, occurs when a player attempts to score by kicking the ball through the goalposts, but fails.

Scatter Diagram

A graph used to visualize the relationship between two quantitative variables, showing how one variable relates to another.