-Using the Data in the Above Table, If Saving Equals
Question 376
Question 376
Multiple Choice
Item Exp orts of goods and services, X Imports of goods and services, M Net taxes, T Government exp enditure, G Saving, S Investment, I Billions of dollars 1,0001,300650 -Using the data in the above table, if saving equals $650 billion and exports are greater than imports,
A) net taxes will be less than $650 billion. B) net taxes will be greater than $1300 billion. C) the government sector must run a deficit. D) government expenditures must increase.
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