Which One of the Following Statements Is True

question 24

Multiple Choice

Which one of the following statements is true?

• A) A budget surplus will reduce national saving.
• B) A budget deficit decreases national saving.
• C) A budget deficit will decrease interest rates.
• D) A budget deficit increases national savings.

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Definitions:

Refugee

A person who has been forced to leave their country in order to escape war, persecution, or natural disaster.

Persecuted

Subjected to harassment, punishment, or harm, often due to political, religious, or ethnic affiliation, without just cause or legal proceedings.

Asylum Seeker

An individual who is seeking international protection from dangers in their home country but whose claim for refugee status has not yet been determined.

Free Market Capitalism

An economic system based on supply and demand with minimal government intervention.