Using the data in the above table, if the private sector runs a surplus of $250 billion, imports will equal $1,000 billion if

A) government expenditure equals -$750 billion.
B) investment equals -$1000 billion.
C) government expenditure equals -$1000 billion.
D) the government sector runs a deficit of $750 billion.

D

Economics

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Which of the following are predicted by the classical growth theory?

i. Population growth will end economic growth. ii. Real GDP per person will return to subsistence level. iii. Technology drives persistent economic growth. A) i only B) ii only C) i, ii and iii D) i and iii E) i and ii

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Which of the following statements is true of the demand curve and the marginal revenue curve of a monopolist?

A) Both curves have the same intercept on the price axis. B) The demand curve is downward sloping while the marginal revenue curve is upward sloping. C) The intercept of the demand curve on the price axis is higher than the intercept of the marginal revenue curve. D) The intercept of the demand curve on the price axis is lower than the intercept of the marginal revenue curve.

Economics