In the United States -Since 1981- Which Two of the Following

question 487

Multiple Choice

In the United States -since 1981- which two of the following have almost always moved in the same direction?

• A) net exports and the government sector balance
• B) net exports and the private sector balance
• C) the government sector balance and the private sector balance
• D) none of the above

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Definitions:

Debtor-Creditor Relationship

The financial relationship that occurs when an individual or entity (debtor) borrows money from another (creditor), with the promise of repaying the loaned amount.

Settlement

refers to the agreement reached by disputing parties outside of court to resolve a lawsuit, often involving the payment of compensation or undertaking specific actions.

Warranties

Promises or guarantees made by a seller regarding the condition or functionality of a product or service.

Payor Bank

The bank that is responsible for paying the draft or check written by a depositor.