Which of the Following Is TRUE of the U

question 133

Multiple Choice

Which of the following is TRUE of the U.S. trade balance and the federal government budget?

• A) In most years since the 1970s, both have been in surplus.
• B) In most years since the 1970s, both have been in deficit.
• C) Both exhibited greater variability before the 1970s than they have since.
• D) The federal government budget deficit was more variable before the 1970s, but the trade deficit has been more variable since.

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Definitions:

Proliferation

The rapid increase or spread of something, often used in the context of weapons, technology, or diseases.

Ballparks

Stadiums or fields where baseball games are played, often referred to more generally as venues for sporting or large-scale events.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Deontology

An ethical theory that suggests actions are morally right or wrong based on a set of rules, rather than the consequences of the actions.