If a Country Went from a Government Budget Deficit to a Surplus,national

question 60

Multiple Choice

If a country went from a government budget deficit to a surplus,national saving would

• A)increase,shifting the supply of loanable funds right.
• B)increase,shifting the supply of loanable funds left.
• C)decrease,shifting the demand for loanable funds right.
• D)decrease,shifting the demand for loanable funds left.

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Definitions:

Subsistence Farmers

Farmers who grow food crops to meet the needs of themselves and their families, with little or no surplus for trade.

Severe Deforestation

The widespread and rapid removal or destruction of forests at an alarming rate, leading to ecological imbalance.

Draft Animals

Animals that are trained and used for heavy physical work, such as plowing fields and pulling carts.

Specialized Farming

Agricultural practices focusing on the cultivation of specific crops or the raising of certain types of livestock, often to maximize efficiency and output.