-The Table Above Gives Some of the Entries in the National

question 272

Multiple Choice

-The table above gives some of the entries in the national income and product accounts. The government sector has a ________, and the private sector has a ________.

• A) surplus of $50 billion; surplus of $25 billion
• B) deficit of $50 billion; surplus of $25 billion
• C) surplus of $50 billion; deficit of $25 billion
• D) deficit of $50 billion; deficit of $25 billion

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Definitions:

Statistics

The discipline involved in gathering, examining, explaining, and displaying data.

Pictographs

Simple images or symbols used to represent words, phrases, or data.

Proof

Evidence or argument establishing a fact or the truth of a statement.

Statistics

The science of collecting, analyzing, interpreting, and presenting numerical data to make informed decisions.