-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.

---

Definitions:

Shortest Duration

The minimum length of time that occurs from the start to the finish of a given event or process.

Personal Groups

Collections of individuals with whom one has personal relationships, characterized by direct interactions and emotional connections.

Primary Groups

are small social groups whose members share close, personal, enduring relationships, such as families and close friends.

Social Identity

A concept referring to the part of an individual's self-perception and esteem that is derived from their membership in social groups, along with the value and emotional significance attached to that membership.