Suppose That a Mixed Open Economy Is Producing at Its

question 69

Multiple Choice

Suppose that a mixed open economy is producing at its equilibrium level of income and that net exports are zero.If at the equilibrium income level the public sector's budget shows a surplus:

• A)C_a + I_g + X_n + G must exceed GDP.
• B)planned investment must exceed saving.
• C)a recessionary expenditure gap must exist.
• D)saving must exceed planned investment.

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Definitions:

Cross-cultural Research

Cross-cultural research involves comparing and contrasting behavioral patterns, cultural norms, and societal structures across different cultures.

Parenting Style

A method or practice of rearing and interacting with children that encompasses various dimensions, including disciplinary strategies, warmth and nurturing, communication styles, and expectations of maturity and control.

Mother-infant Attachment

The emotional bond that develops between a mother and her infant, crucial for the child's emotional and social development.

Unusual Object

An item that deviates from the norm or what is commonly expected, often arousing curiosity or interest.