Under Which of the Following Circumstances Would the Government Be

question 1

Multiple Choice

Under which of the following circumstances would the government be running a deficit in a closed economy?

• A)G = $5 trillion T = $5 trillion
• TR = $1 trillion
• B)G = $5 trillion T = $7 trillion
• TR = $1 trillion
• C)G = $7 trillion T = $7 trillion
• TR = $0
• D)G = $7 trillion T = $10 trillion
• TR = $3 trillion
• E)G = $5 trillion T = $13 trillion
• TR = 3 trillion

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Definitions:

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The set of rules that governs the structure of sentences in a language.

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A problem-solving method that involves attempting different solutions and eliminating those that do not work.