If the Government Budget Is Balanced, and Saving Is Greater

question 24

Multiple Choice

If the government budget is balanced, and saving is greater than investment, then the

• A)current account must be in surplus.
• B)current account must be in deficit.
• C)current account balance must be zero.
• D)capital account must be in surplus.

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Definitions:

Replenishing Supplies

The process of refilling resources or goods that have been used up, ensuring continuity in operations, whether in business, military, or daily life.

Ft. Pillow Massacre

A controversial event during the American Civil War in which African American Union soldiers and civilians were killed by Confederate forces after surrendering at Fort Pillow, Tennessee, in 1864.

Black Soldiers

African American military service members who have served in various capacities and conflicts throughout U.S. history, often facing segregation and discrimination.

Confederate Forces

Military forces of the Confederacy during the American Civil War, fighting against the Union.