As the US Budget Deficit Shrank in the 1990s, the Increase in Increase

question 67

Multiple Choice

As the U.S. budget deficit shrank in the 1990s, the increase in U.S. national saving was ______ than the expansionary shift in the U.S. investment function, resulting in a trade ______.

• A) stronger; deficit
• B) stronger; surplus
• C) weaker; deficit
• D) weaker; surplus

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Definitions:

First Order

In kinetics, refers to a reaction where the rate is proportional to the concentration of one reactant.

Reaction Order

A term used in chemistry to describe the power to which the concentration of a reactant is raised in the rate equation.

Half-Life

The time required for half of the atoms in a radioactive sample to decay, transforming into different atoms or into a lower energy state.

Half-Life

The time required for a quantity to reduce to half its initial amount, commonly used in describing the decay of radioactive materials.