-Using the Data in the Above Table, If Saving Equals

question 267

Multiple Choice

-Using the data in the above table, if saving equals $650 billion and exports are greater than imports,

• A) the government sector must run a deficit.
• B) net taxes will be greater than $1,300 billion.
• C) net taxes will be less than $650 billion.
• D) government expenditures must increase.

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Definitions:

Rational Expression

A ratio of two polynomial expressions, with a non-zero denominator.

Simplify

To reduce an expression or equation to its simplest form by performing all possible operations and combining like terms.

Shaded Portion

The part of a diagram or graph that is marked with a pattern or color to indicate it is different from the rest, often related to probability, geometry, or statistics.

Total Area

The entire surface area of a two-dimensional shape or the combined surface areas of all faces of a three-dimensional object.