The Accounting Relationship Between the Budget Deficit and the Trade

question 182

Multiple Choice

The accounting relationship between the budget deficit and the trade deficit may be expressed as ____.

• A)G + T = (S + I) + (X − IM)
• B)G − T = (S + I) + (X + IM)
• C)(X − IM) = (S − I) − (G − T)
• D)(X − IM) = (S + I) − (G − T)

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Definitions:

Functional Group

A team or department within an organization that performs a specific function or set of functions, such as marketing or finance.

Quality Control Circle

A group of workers who voluntarily meet to discuss and find solutions to workplace issues, particularly those affecting quality.

Command Group

A command group is a group in an organization with formal structures and is established to achieve specific organizational objectives.

Autonomous Work Group

A team that operates with a high degree of independence and control over their work and decision-making processes.