Author Question: The private sector balance is equal to savings ________ investment, and the government sector ... (Read 161 times)

CBme · **on:** Jun 29, 2018

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; deficit
C) minus; minus; surplus
D) plus; plus; deficit
E) plus; minus; surplus

Question 2

The monetary base is the sum of

A) coins, Federal Reserve notes, and banks' reserves at the Fed.
B) Federal Reserve notes, Treasury deposits at the Fed, banks' reserves at the Fed, and coins.
C) coins, Federal Reserve notes, and individuals' deposits at the Fed.
D) coins, Federal Reserve notes, and gold at the Fed.
E) Federal Reserve notes and banks' reserves at the Fed.