In an Open Economy, the Government Deficit Is 400 and Investment

question 5

Multiple Choice

In an open economy, the government deficit is 400 and investment exceeds saving by 300, so in equilibrium the trade deficit (IM − X) must be

• A)100
• B)200
• C)300
• D)700

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Definitions:

Person-Situation Debate

The ongoing discussion in psychology about the influence of personality traits versus situational factors on human behavior.

Personality Coefficients

Quantitative measures used to assess the strength and nature of personality traits.

Translating

The act of converting text or speech from one language to another, ensuring the meaning is preserved.

Good Coping

Effective strategies and mechanisms used by individuals to manage stress, challenges, and adversity.