The private sector balance is equal to savings ________ investment, and the government sector balance is equal to government expenditure ________ taxes. If there is a deficit in the private sector balance and a deficit in the government sector balance, then there must be a ________ in net exports.
A) plus; plus; surplus
B) minus; minus; surplus
C) plus; minus; surplus
D) minus; minus; deficit
E) plus; plus; deficit
Correct Answer:
Verified
Q24: When a currency depreciates, its value has
A)
Q25: When a currency decreases in value relative
Q26: The government sector balance equals
A) net taxes
Q27: If the U.S. dollar falls from 1.25
Q28: The current account balance equals
A) net exports
Q30: When a Chinese company purchases Australian iron
Q31: A country has imports of goods and
Q32: If the exchange rate changes from 0.70
Q33: When Australia exports goods and services to
Q34: In 2014, an Australian dollar could be
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