If the Federal Government Has a Deficit, and the Current

question 174

Multiple Choice

If the federal government has a deficit, and the current account is in balance, then

• A)I = S.
• B)I > S.
• C)S > I.
• D)S + I = 0.

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Definitions:

Opposite

Something that is completely different or contrary to something else.

Hasty Generalization

A logical fallacy that involves making a rushed conclusion based on insufficient evidence.

Fallacy

A reasoning error that causes an argument to be invalid.

Examples

Instances or cases that are representative of a concept, principle, or condition, used to illustrate or clarify.