-Using the Data in the Above Table, If Net Exports

question 430

Multiple Choice

-Using the data in the above table, if net exports = -$500 billion and the government balances its budget, then

• A) the private sector must balance its budget.
• B) savings must equal $150 billion.
• C) the private sector runs a surplus of $850 billion.
• D) saving must equal $650 billion.

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Definitions:

Zygote

The first cell created from the union of a sperm and an egg cell, signifying the beginning phase of development of an embryo.

Fetus

A developing mammal or human from roughly eight weeks after conception to the moment of birth.

Habituation

The process by which an individual becomes accustomed to a stimulus after repeated exposure, leading to a decrease in response.

Visual Attention

The mental process of focusing attention on a specific element of the surroundings while excluding other aspects.