Assume a Country Is Closed

question 39

Multiple Choice

Assume a country is closed. Given this information, which of the following must occur?

• A) S = I.
• B) Demand for domestic goods will be less than the domestic demand for goods.
• C) S + T = I + G.
• D) Demand for domestic goods will be greater than the domestic demand for goods.
• E) A budget surplus exists.

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Definitions:

Capacitive VARs

Reactive power generated or absorbed by capacitive elements in an AC circuit, contributing to the total power but not to work done.

Capacitive Current

The current that flows in a capacitor due to charging and discharging of its electric field, directly proportional to the rate of change of voltage across it.

RLC Parallel Circuit

A circuit configuration that includes a resistor (R), inductor (L), and capacitor (C) each connected between the same two points, providing multiple paths for current flow.

Applied Voltage

The voltage that is externally applied to an electrical component or circuit.