In Equilibrium,with Exports Equal to Imports It Must Be the Case

question 140

Multiple Choice

In equilibrium,with exports equal to imports it must be the case that

• A)leakages equal injections.
• B)saving plus taxes equal government expenditures plus investment.
• C)total expenditures equal GDP.
• D)All of these.

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Definitions:

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Public Sector

The part of the economy that is controlled by the government, encompassing all governmental services and publicly funded entities and activities.

Rational Decision

A decision-making process that is based on logical thinking, examining all available information, and weighing the outcomes systematically.

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