Solved

Suppose That the Economy Is in Equilibrium with the Government

Question 187

Multiple Choice

Suppose that the economy is in equilibrium with the government budget in surplus and with saving is greater than investment.According to the circular flow model,


A) imports must exceed exports
B) imports must be less than exports
C) imports must equal exports
D) imports could be greater than or equal to exports
E) it is impossible to determine anything about imports and exports using the given information

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions