Multiple Choice
When the equation X = GDP - C- I - G yields a negative X, it represents a situation in which the country:
A) experiences runaway inflation.
B) experiences robust GDP growth.
C) experiences a huge budget deficit.
D) borrows to cover the difference between production and spending.
E) lends to cover the difference between production and spending.
Correct Answer:
Verified
Correct Answer:
Verified
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