You Observe a Closed Economy That Has a Government Deficit

question 36

Multiple Choice

You observe a closed economy that has a government deficit and positive investment.Which of the following is correct?

• A)Private and public saving are both positive.
• B)Private saving is positive;public saving is negative.
• C)Private saving is negative;public saving is positive.
• D)Both private saving and public saving are negative.

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Definitions:

Continental Margins

The boundary regions between the landmasses and the ocean basins, including the continental shelf, slope, and rise.

Major Rivers

Large, significant rivers that have considerable length, water volume, and drainage area, playing crucial roles in their regional ecosystems and human economies.

Transform Boundary

A type of tectonic plate boundary where two plates slide horizontally past each other, often causing earthquakes.

Reverse Fault

A type of fault where the hanging wall moves upward relative to the footwall, typically occurring at convergent plate boundaries.