If There Is a Trade Deficit, Then

question 76

Multiple Choice

If there is a trade deficit, then

• A)saving is greater than domestic investment and Y > C + I + G.
• B)saving is greater than domestic investment and Y < C + I + G.
• C)saving is less than domestic investment and Y > C +I + G.
• D)saving is less than domestic investment and Y < C + I + G.

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Definitions:

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Social Justice

A concept or ideology focusing on the fair and equitable distribution of wealth, opportunities, and privileges within a society.

Equifinality

A principle in systems theory suggesting that a particular end state can be reached from different initial conditions and through various paths.

Ecological Systems Model

A framework used in social and behavioral sciences that depicts how individuals interact with their various environments, from immediate surroundings to broader societal levels.