If China's Government Increases Its Budget Surplus, There Is ________

question 25

Multiple Choice

If China's government increases its budget surplus, there is ________ in the supply of loanable funds, private saving ________ and investment ________.

• A)an increase; decreases; increases
• B)a decrease; increases; increases
• C)an increase; increases; increases
• D)a decrease; decreases; increases
• E)an increase; decreases; is crowded out

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Definitions:

Official Definition

An explicitly stated and widely accepted explanation or meaning of a word or concept, often provided by a reputable or governing authority.

Low-Income Cut Off

A threshold used by researchers and policymakers to define the income level below which a family or individual is considered to be living in poverty.

Poverty

The state of having insufficient financial resources to meet the basic needs of living, including food, shelter, and healthcare.

Functionalists

A rephrased term for the functionalist perspective, emphasizing the sociological theory that views society as composed of interrelated parts working together for the greater harmony and stability of the whole.