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:

Subcutaneous Adipose Tissue

refers to the layer of fat cells below the skin that provides insulation, energy storage, and protection.

Blood Vessel

Cylindrical vessels that transport blood throughout organs and tissues, including veins, arteries, and capillaries.

Dermis

The dermis is the thick layer of living tissue below the epidermis that contains nerve endings, sweat glands, hair follicles, and blood vessels, providing strength and elasticity to the skin.

Blood Clot

A gel-like mass formed by platelets and fibrin in the blood to stop bleeding by sealing wounds.