If net exports is a negative number, the government sector must ________ if the private sector is in a ________
A) run a surplus; surplus
B) equal zero; deficit
C) run a deficit; surplus
D) The statement errs because the accounts are not related.
C
Economics
You might also like to view...
An indifference curve is a line showing
a. combinations of goods that can be produced if all resources are fully employed. b. all combinations of two commodities that are equally desirable to the consumer. c. all combinations of goods over which the consumer has no choice. d. how decisions are made in a nonmarket economy.
Economics
As the wage rate rises, eventually the ________ effect will outweigh the _______ effect.
Fill in the blank(s) with the appropriate word(s).
Economics