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:

Primary Aging

Gradual, inevitable process of bodily deterioration throughout the life span.

Activities Of Daily Living

Activities of daily living refer to the basic tasks of everyday life, such as eating, bathing, dressing, toileting, and transferring.

Shopping

The act of browsing or purchasing goods or services from stores or online platforms.

Late Adulthood

A stage of human development that typically refers to individuals aged 65 and older.