X Is Exports, M Is Imports, T Is Net Taxes

question 279

Multiple Choice

X is exports, M is imports, T is net taxes, G is government expenditure, C is consumption expenditure, S is saving, and I is investment. The government sector balance is equal to

• A) C + S + T
• B) T - G
• C) X - M
• D) S - I

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Definitions:

PAN

Personal Area Network, a network for the interconnection of personal computing devices within the range of an individual, typically within a range of 10 meters.

LAN

Stands for Local Area Network, a computer network that interconnects computers within a limited area such as a residence, school, or office building, facilitating communication and resource sharing.

WAN

An acronym for Wide Area Network, it's a telecommunications network that extends over a large geographic area for the purpose of computer networking.

MAN

Metropolitan Area Network, a network that spans a city or campus, providing connectivity to a large number of computers in a large geographical area.