Suppose That the National Savings in an Economy Is $50

question 70

Multiple Choice

Suppose that the national savings in an economy is $50 billion and total investment $60 billion.The country should have

• A)a trade deficit in the amount of $110 billion.
• B)a trade surplus in the amount of $110 billion.
• C)a trade deficit in the amount of $10 billion.
• D)a trade surplus in the amount of $10 billion.

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Definitions:

Heterosexual Couples

are romantic or marital partnerships formed between individuals of opposite genders, typically involving sexual and emotional intimacy.

Solo-Income

Describes a household or family situation where only one member is generating income, often leading to economic constraints and specific social dynamics.

Leisure Activities

Various forms of recreational activities or hobbies that individuals engage in during their free time for enjoyment and relaxation.

Cohabitation

The act of living together and having a sexual relationship without being married.