Which of the Following Is True of the U

question 116

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:

Demographic Groups

Categories of populations based on characteristics such as age, race, gender, income level, and education.

Matching Funds

Financial contributions from a government or organization that match the funds raised by an entity, often used in campaigns or research projects to double the available resources.

Presidential Nomination

The process by which political parties select and nominate a candidate to run for the presidency.

Demographic Groups

Categories of people segmented by identifiable characteristics such as age, race, gender, or income.