Which of the Following Statements Is TRUE

question 368

Multiple Choice

Which of the following statements is TRUE?

• A) If private saving is greater than private investment, then the private sector has a surplus.
• B) If private investment is greater than private saving, then the private sector has a deficit.
• C) If private investment is greater than private saving, then either the government or net export sector must have a surplus.
• D) All of the above answers are correct.

---

Definitions:

Immediate Causes

The direct events or actions leading to an outcome or effect, occurring just before the effect itself.

Secession

The act of a region or entity declaring independence from a country or state to which it currently belongs, aiming to create a separate sovereign state.

Ostend Manifesto

A document from 1854 where US diplomats recommended the acquisition of Cuba by any means necessary, to expand the territory for slavery.

Monroe Doctrine

President James Monroe’s declaration to Congress on December 2, 1823, that the American continents would be thenceforth closed to European colonization, and that the United States would not interfere in European affairs.