If a Country Went from a Government Budget Deficit to a Surplus

question 139

Multiple Choice

If a country went from a government budget deficit to a surplus, which of the following best predicts the consequences?

• A)National savings would increase, shifting the supply of loanable funds right.
• B)National savings would increase, shifting the supply of loanable funds left.
• C)National savings would decrease, shifting the demand for loanable funds right.
• D)National savings would decrease, shifting the demand for loanable funds left.

Comprehend the concept of data block shifting and its directional impact in programming.

Grasp the relationship and functionality between SQI and SQO instructions in programming sequences.

Recognize the dimensional structure of a matrix.

Explain the function and operation of sequencer load instructions in automation programming.

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Definitions:

Normal Good

A good for which demand increases as consumer income rises, and decreases as consumer income falls.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, as opposed to a normal good where demand increases with income.

Linear Demand Curve

A demand curve that shows a straight-line relationship between price and quantity demanded, suggesting a constant rate of change.

Constant Elasticity

refers to a condition in economics where the elasticity of a function, such as demand or supply, remains constant along the curve, indicating a proportional and consistent reaction to changes in other variables.